Latest "Inflation Reduction Act" News

09/13/2022

Joe Biden Celebrates His Biggest Legislative Accomplishment, The Inflation Reduction Act

President Joe Biden celebrated the passage of the Inflation Reduction Act on Tuesday at a White House event in which he and other Democrats contrasted their agenda to that of Republicans. The rally-like event on the South Lawn drew thousands of people, as one…

Source: Deadline

09/13/2022

Biden hosts White House celebration of the Inflation Reduction Act

The president and fellow Democrats are trying to promote the new law in advance of the November midterms, citing it as evidence that their party can get important things done in Washington.

Source: The Washington Post

09/07/2022

Two major investment banks see this stock as the biggest winner from the Inflation Reduction Act

Bank of America and Morgan Stanley said this company with exposure to renewable energy development could be the biggest winner of the new climate law.

Source: CNBC

08/30/2022

First Solar announces new U.S. panel factory following the Inflation Reduction Act

CEO Mark Widmar told CNBC the Inflation Reduction Act was the key catalyst for building another factory in the U.S.

Source: CNBC

08/25/2022

Buy this Inflation Reduction Act beneficiary poised to rally 80% from here, Goldman says

Investors looking to bet on stocks poised to benefit from the Inflation Reduction Act should consider putting their money in this battery name, Goldman says.

Source: CNBC

08/23/2022

EV Winners and Losers From Inflation Reduction Act. Hint: Tesla Is a Winner.

Wall Street is still digesting all the beneficiaries from the Inflation Reduction Act. Tesla is a winner, as are GM and Ford.

Source: Barron's

08/18/2022

Vulnerable House Democrats defend vote on Inflation Reduction Act, expansion of IRS

Two Democrats facing tough re-elections to the House, Reps. Cindy Axne and Katie Porter, are defending the Inflation Reduction Act and the expansion of the IRS.

Source: Fox News

08/17/2022

Electric Cars and Plug-In Hybrids That Qualify for Tax Credits Under the Inflation Reduction Act

Consumer Reports details the list of 2022 and 2023 model-year electric cars and plug-in hybrids that are eligible under new credit structure, according to the IRS.

Source: ConsumerReports.org

08/16/2022

Biden signs Inflation Reduction Act into law

President Joe Biden signed a sweeping $750 billion health care, tax and climate bill into law at the White House on Tuesday -- marking a major victory for his administration and the Democratic Party ahead of the midterm elections.

Source: CNN

08/16/2022

Biden aims for victory lap as he signs Inflation Reduction Act – live

White House hopes climate and healthcare bill will mark turning point for Biden’s presidency and boost Democrats in the midterms

Source: The Guardian

08/15/2022

Here are the electric-vehicle companies that could benefit from the Inflation Reduction Act

CNBC's Phil LeBeau joins 'Squawk Box' to break down which electric-vehicle makers benefit from the Inflation Reduction Act, as well as a new tweet from Tesla...

Source: YouTube

08/12/2022

House passes Inflation Reduction Act, a Biden win for health, climate

The House passed the Inflation Reduction Act on Friday, a sweeping bill on health care, climate and taxes. The bill now goes to Joe Biden's desk.

Source: USA Today

08/12/2022

10 Companies That Would Pay More Taxes Under Inflation Reduction Act

The House passed the Inflation Reduction Act, which raises taxes for some of the biggest companies.

Source: Barron's

08/12/2022

Inflation Reduction Act may have little impact on inflation

WASHINGTON (AP) — With inflation raging near its highest level in four decades , the House on Friday gave final approval to President Joe Biden's landmark Inflation Reduction Act.

Source: Associated Press

08/12/2022

Inflation Reduction Act taxes stock buybacks, one of the first new corporate taxes in decades

Corporate stock buybacks were illegal until 1982, but now Democrats want to tax the transactions to pay for President Biden’s climate and health care agenda.

Source: The Washington Post

08/12/2022

Biden Inflation Reduction Act is a win, but climate change isn't over

Experts say climate change measures in the Inflation Reduction Act keep the U.S. in the fight. But much more is needed ahead of a key 2050 deadline.

Source: USA Today

08/11/2022

Sen. Markey says there’s ‘no reason’ Americans can’t buy EVs under Inflation Reduction Act

Sen. Ed Markey, D-Mass., said there's "no reason" Americans should keep buying gasoline-powered vehicles due to EV tax credits under the Inflation Reduction Act.

Source: Fox Business

08/09/2022

Most electric vehicles won’t qualify for Inflation Reduction Act tax credit

A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.

Source: New York Post

08/09/2022

Here’s what the Inflation Reduction Act will do to combat climate change

The Inflation Reduction Act passed by the Senate over the weekend will pursue an extremely wide and varied array of strategies intended to combat climate...

Source: Yahoo Entertainment

08/09/2022

Explainer: When will Americans feel the Inflation Reduction Act's impact?

The Inflation Reduction Act, a $430 billion bill focused on lowering healthcare costs, promoting clean energy and increasing corporate taxes, passed the U.S. Senate on Sunday and is expected to pass the House of Representatives as soon as Friday.

Source: Reuters

08/08/2022

Inflation Reduction Act won't curb inflation 'over the short run,' says economist

Fluctuating energy, food and housing prices are likelier to move the needle on inflation in the near term than any spending plan Congress passes, experts say.

Source: CNBC

08/08/2022

Kevin O'Leary Slams Inflation Reduction Act: Why The 'Shark Tank' Investor Says He's Going To A Funeral F

Several electric vehicle stocks are on the move Monday after the U.S. Senate passed the Inflation Reduction Act in a 51-50 vote over the weekend.

Source: Benzinga

08/08/2022

Here’s what’s in the Inflation Reduction Act, the sweeping health and climate bill passed Sunday

Source: Google News

08/08/2022

Expanded health insurance subsidies remain intact for 13 million people under Inflation Reduction Act

The House is expected this week to vote on the Inflation Reduction Act, which extends temporarily more generous tax credits available in the public marketplace.

Source: CNBC

08/08/2022

Two experts debate Inflation Reduction Act's potential impact on the U.S. economy.

Former U.S. Congresswoman Donna Edwards and venture capitalist Kevin O'Leary join CNBC's 'Squawk Box' to debate how the Inflation Reduction Act will impact t...

Source: YouTube

08/08/2022

Senate passes Inflation Reduction Act, Democrats' climate, health and tax bill, delivering win for Biden

The bill's passage is a significant achievement for Democrats as they look to maintain their hold on Congress in the November midterm elections.

Source: CBS News

08/08/2022

Private-equity lobby wins relief from tax hikes in Inflation Reduction Act

Sen. Kyrsten Sinema (D-Ariz.), a must-have vote for the legislation, insisted on last-minute changes to exempt the industry from a new minimum tax on billion-dollar corporations.

Source: The Washington Post

08/07/2022

Sanders rips Inflation Reduction Act, says it will have ‘minimal impact on inflation’

Source: Google News

08/06/2022

Parliamentarian weakens Democrats' drug plan in Inflation Reduction Act, as Senate prepares to vote

The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.

Source: CBS News

08/06/2022

Senate Democrats reach agreement on Inflation Reduction Act

Senate Democrats announced Thursday night they have reached a consensus on the Inflation Reduction Act. Sen. Kyrsten Sinema of Arizona initially harbored con...

Source: YouTube

08/05/2022

The 'Halftime Report' investment committee weighs in the Inflation Reduction Act buyback tax

CNBC’s ‘Halftime Report’ investment committee, Stephanie Link, Sarat Sethi, Rob Sechan and Jim Lebenthal, discuss the Inflation Reduction Act's proposed tax ...

Source: YouTube

08/05/2022

Senate Inflation Reduction Act gets US closer to climate change goals

The proposed Inflation Reduction Act could get the United States within "shouting distance" of its climate goals for 2030, analysis shows.

Source: USA Today

08/05/2022

Sen. Kyrsten Sinema announces deal on Inflation Reduction Act

The Arizona Democrat's support paves the way for a long-awaited party-line Senate vote to pass key pieces of President Joe Biden's agenda.

Source: USA Today

08/04/2022

Jim Cramer gives his take on the Inflation Reduction Act and CHIPS and Science Act

The "Mad Money" host explained why he believes why the two bills could hurt the U.S. economy on Wednesday's episode of the show. Sign up and learn more about...

Source: YouTube

08/01/2022

White House admits Inflation Reduction Act, pushed by Manchin, Schumer, will barely impact inflation

A White House official admitted the $739 billion Democratic spending plan dubbed the Inflation Reduction Act will barely affect prices over the next decade.

Source: New York Post