Us Inflation Reduction Act 2024. The inflation reduction act of 2022 includes several provisions to lower prescription drug costs for people with medicare and reduce drug spending by the federal. Biden signed the landmark inflation reduction act, which provides nearly $400 billion to support clean energy and address climate change, including $8.8 billion for the home energy rebates.
History, lowers the cost of prescription drugs and raises taxes on corporations. Those savings kicked in last year as part of the.