BREAKDOWN: Here’s What’s Actually in the ‘Inflation Reduction Act’
By The FirstDemocrats in Congress passed the Inflation Reduction Act of 2022 this week, a massive bill aimed at lowering costs for millions of Americans.
Here’s what’s actually in the legislation:
$161 billion – Clean Energy Tax Credits
$101 billion – Capping prescription drug prices
$64 billion – Expanding Obamacare
$40 billion – Reducing air pollution
$37 billion – Clean Energy subsidies
$37 billion – Clean Energy Manufacturing Credits
$36 billion – Clean Vehicle Tax Credits
$35 billion – Forestry Conservation
$27 billion – Efficient buildings
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