Inflation Reduction Act of 2022

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The Inflation Reduction Act of 2022 is a major U.S. federal law focused on climate and clean energy investment, prescription drug pricing reform, and deficit reduction, enacted under President Joe Biden.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal statute ⓘ
climate policy legislation ⓘ
administration Biden administration ⓘ
aimsTo accelerate clean energy deployment ⓘ
lower prescription drug costs ⓘ
reduce greenhouse gas emissions ⓘ
reduce the federal budget deficit ⓘ
support domestic clean energy manufacturing ⓘ
alsoKnownAs IRA ⓘ
chamberOfOrigin United States House of Representatives ⓘ
containsProvision IRS enforcement funding ⓘ
Medicare out-of-pocket drug cost cap ⓘ
Medicare prescription drug price negotiation ⓘ
clean energy tax credits ⓘ
corporate alternative minimum tax ⓘ
domestic clean energy manufacturing incentives ⓘ
electric vehicle tax credits ⓘ
environmental justice and community investment programs ⓘ
excise tax on stock buybacks ⓘ
home energy efficiency incentives ⓘ
methane emissions fee ⓘ
rural energy and agriculture climate programs ⓘ
country United States ⓘ
dateSigned 2022-08-16 ⓘ
enactedBy 117th United States Congress ⓘ
estimatedClimateAndEnergySpending hundreds of billions of U.S. dollars ⓘ
focus clean energy investment ⓘ
climate change mitigation ⓘ
deficit reduction ⓘ
prescription drug pricing reform ⓘ
tax reform ⓘ
jurisdiction federal government of the United States ⓘ
otherChamber United States Senate ⓘ
partyOfPresidentAtEnactment Democratic Party ⓘ
policyArea climate policy ⓘ
energy policy ⓘ
fiscal policy ⓘ
health policy ⓘ
presidentAtEnactment Joe Biden ⓘ
publicLawNumber Public Law 117-169 ⓘ
relatedTo Build Back Better Act ⓘ
linked to: Build Back Better
sectorAddressed buildings ⓘ
energy ⓘ
health care ⓘ
manufacturing ⓘ
transportation ⓘ
signedBy Joe Biden ⓘ
yearEnacted 2022 ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Biden administration → legislationSigned → Inflation Reduction Act of 2022 ⓘ
117th United States Congress → passedLegislation → Inflation Reduction Act of 2022 ⓘ
United States energy policy apparatus → hasFramework → Inflation Reduction Act of 2022 ⓘ
United States federal energy legislation → hasComponent → Inflation Reduction Act of 2022 energy and climate provisions ⓘ
linked to: Inflation Reduction Act of 2022
Joe Manchin → sponsored → Inflation Reduction Act negotiations ⓘ
linked to: Inflation Reduction Act of 2022