Inflation Reduction Act Two Years On: Major Progress in Climate, Healthcare, and Jobs
The landmark legislation has driven significant advances in clean energy, healthcare affordability, and economic growth, despite some implementation challenges.
- Medicare's first-ever drug price negotiations promise substantial savings starting in 2026.
- Millions save on health insurance premiums and insulin costs due to extended subsidies and price caps.
- Over 330,000 new jobs created through clean energy investments, with substantial benefits for underserved communities.
- Tax credits and rebates have made electric vehicles and home energy upgrades more affordable for American families.
- IRS enhancements have improved taxpayer services and increased enforcement on wealthy tax cheats.
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