FACT SHEET: Two Years In, the Inflation Reduction Act is Lowering …

Aug 16, 2024 · Last year, 3.4 million Americans benefited from $8.4 billion in Inflation Reduction Act tax credits to lower the cost of clean energy and energy efficiency upgrades in their homes ...

CouponFollow Extension

$8
OFF

FACT SHEET: Two Years In, The Inflation Reduction Act Is Lowering …

2 days from now

Aug 16, 2024 · Last year, 3.4 million Americans benefited from $8.4 billion in Inflation Reduction Act tax credits to lower the cost of clean energy and energy efficiency upgrades in their homes ...

whitehouse.gov

$350
OFF

Comment: Two Years In, The Inflation Reduction Act Is Uniting …

2 days from now

Aug 16, 2024 · In the two years since it became law, the U.S. has seen well over $350 billion in private investment for clean energy and manufacturing projects, which are expected to create …

reuters.com

$500
OFF

Inflation Reduction Act Two Years Later: America’s Best ... - Forbes

2 days from now

Aug 18, 2024 · In the two years since it became law, clean energy investments have created more than 334,000 new jobs and enacted corporations have invested nearly $500 billion in …

forbes.com

$8
OFF

U.S. Department Of The Treasury Releases New Data On American …

2 days from now

Aug 7, 2024 · In 2023, 3.4 million American families saved $8.4 billion on clean energy and energy efficiency investmentsWASHINGTON – Today, in advance of the two-year anniversary …

treasury.gov

60%
OFF

Inflation Reduction Act 2 Years Later: Building Clean ... - Forbes

2 days from now

Oct 8, 2024 · The Inflation Reduction Act includes an expansion of clean electricity tax credits and the creation of manufacturing tax credits. ... providing up to 60% off the cost of clean energy …

forbes.com

$137
OFF

The Inflation Reduction Act’s Benefits And Costs

2 days from now

Mar 1, 2024 · The global climate benefits of the IRA for 2030, depicted in Figure 2, amount to $137 billion. Just one part of the additional local benefits, fatality risk reduction from improved …

treasury.gov

FAQs about FACT SHEET: Two Years In, the Inflation Reduction Act is Lowering … Coupon?

What are the benefits of the inflation reduction act?

Two years ago, President Biden signed the Inflation Reduction Act, the Biden-Harris Administration’s landmark climate law. Today, American consumers, businesses, and other entities across the country are already seeing the tangible benefits of this law. This is especially true as a result of new, expanded, and extended clean energy tax incentives. ...

How many Americans benefited from inflation Reduction Act tax credits?

3.4 million Americans benefited from $8.4 billion in Inflation Reduction Act tax credits last year to lower the cost of clean energy and energy efficiency upgrades in their homes. ...

How much money is in the inflation reduction act?

Most of the money in the Inflation Reduction Act flows through tax credits that are effectively uncapped for ten years. But both the law and the 2021 bipartisan infrastructure bill also authorized roughly $182 billion in grants and spending for energy and climate programs over several years. ...

How will the inflation reduction act change American lives?

The Inflation Reduction Act is transforming American lives by taking on Big Pharma to lower prescription drug prices, investing in clean energy and climate action, creating good-paying jobs, lowering health care and energy costs, and making the tax code fairer. ...

What is the main goal of the Inflation Reduction Act?

The Inflation Reduction Act has given the U.S. Department of Agriculture (USDA) historic resources to better serve communities nationwide. Key to the Biden-Harris Administration’s Investing in America agenda, this transformative law is lowering energy costs, creating new income streams, and tackling the climate crisis. ...

When was the Inflation Reduction Act signed into law?

On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law, marking one of the largest investments in the American economy, energy security, and climate that Congress has made in the nation’s history. ...