Inflation Reduction Act 2024 Cost. But now a goldman sachs report projects its myriad green subsidies will cost $1.2 trillion—more. Biden signed the landmark inflation reduction act, which provides nearly $400 billion to support clean energy and address climate change, including.


Inflation Reduction Act 2024 Cost

The inflation reduction act contains $500 billion in new spending and tax breaks that aim to boost clean energy, reduce healthcare costs, and increase tax revenues. Federal tax credits and rebates can lower the cost of some green home improvements and electric vehicles.

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Inflation Reduction Act 2024 Cost