Beiden singed Inflation Reduction Act into Law 2022
President Joe Biden signed ‘Inflation Reduction Act into law’ of 2022 on Tuesday. It aims to tackle climate change, tamp down health-care costs and reduce inflation.
President Biden finally signed ‘Inflation Reduction Act into law’ of 2022 after debating more than a year. The law aims to ram down inflation, bump down climate change, reduction in drugs and other health-care facilities, decrease tax on profits of large corporations.
"The Inflation Reduction Act does so many things that for so many years so many of us have fought to make happen," said Biden prior to signing the bill.
Signing ceremony held at the White House. Biden signs $740bn bill into law by winning majority of democratic support in Senate and House. The bill provides approximately $369 billion to invest for green...