Index/Topics/Inflation Reduction Act of 2022

Inflation Reduction Act of 2022

The Inflation Reduction Act (IRA) of 2022 is a sweeping, multi-topic reconciliation law that channels roughly hundreds of billions of dollars into clean energy and climate programs, reforms tax rules and IRS funding, and changes parts of Medicare and the Affordable Care Act to lower health costs — while also including revenue-raising measures intended to reduce the deficit.