What the Inflation Reduction Act does and doesn't do about rising prices
2 years, 4 months ago

What the Inflation Reduction Act does and doesn't do about rising prices

NPR  

What the Inflation Reduction Act does and doesn't do about rising prices Enlarge this image toggle caption Kevin Dietsch/Getty Images Kevin Dietsch/Getty Images The massive climate, health care and tax bill making its way toward President Biden's desk is called the Inflation Reduction Act. "And that's why even Democrats and Republicans, former Treasury secretaries, economists across the board have said that this bill will make a positive impact on inflation while also tackling some of the biggest and long-standing issues facing our country, like prescription drugs and like tackling climate change," said Brian Deese, director of the National Economic Council, in an interview this week with NPR's Morning Edition. The bill will make small steps to help bring inflation back to normal levels, said Shai Akabas, the director of economic policy at the Bipartisan Policy Center. "It will generally work in the right direction and help the Federal Reserve, which has the primary responsibility for getting a hold of inflation," Akabas said.

History of this topic

Slowing inflation suggests that Biden’s policies are helping, but American voters are still hurting
11 months, 1 week ago
Inflation Reduction Act can’t take much credit for drop in inflation rate, experts say
54 years, 11 months ago
Biden marks 1-year anniversary of climate, health law, says ‘we’re investing in all of America’
1 year, 4 months ago
Yes, inflation is down. No, the Inflation Reduction Act doesn’t deserve the credit
1 year, 4 months ago
Biden goes west to talk about his administration’s efforts to combat climate change
1 year, 4 months ago
Congress Could Help Contain Inflation In The Lame-Duck Session. It Won’t.
2 years ago
Biden’s midterm self-edit: Less talk about inflation woes
2 years, 3 months ago
The spending bill will cut emissions, but marginalized groups feel they were sold out
2 years, 4 months ago
Biden signs the Inflation Reduction Act that raises $740 billion
2 years, 4 months ago
Inflation Reduction Act may have little impact on inflation
2 years, 4 months ago
House passes Inflation Reduction Act
2 years, 4 months ago
House Passes Democrats’ Sweeping Climate And Health Bill
2 years, 4 months ago
Inflation Reduction Act aims to lower costs in multiple areas of the economy
2 years, 4 months ago
U.S. Senate passes Biden’s mega health, climate bill; House to vote next
2 years, 4 months ago
GOP targets for Dem bill: Inflation, taxes, Manchin, Sinema
2 years, 4 months ago
Inflation and climate change tackled in new Senate deal that Biden calls 'historic'
2 years, 4 months ago
Biden insists US inflation is 'expected' and only 'temporary' and insists spending will LOWER prices
3 years, 5 months ago

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