Inflation Reduction Act: U.S. House Passes Landmark Bill This Year

On July 27th, 2022, Senate Majority Leader Chuck Schumer announced that the House reached an agreement pertaining to the Inflation Reduction Act of 2022. After months of contentious debates between Democrats and Republicans, the latest Act intends to lower inflationary pressures throughout the country. Furthermore, President Joe Biden signed the Act into law mid-August 2022. […]