BREAKDOWN: Here’s What’s Actually in the ‘Inflation Reduction Act’

Democrats in Congress passed the Inflation Reduction Act of 2022 this week, a massive bill aimed at lowering costs for millions of Americans.

Here’s what’s actually in the legislation:

$161 billion – Clean Energy Tax Credits

$101 billion – Capping prescription drug prices

$64 billion – Expanding Obamacare

$40 billion – Reducing air pollution

$37 billion – Clean Energy subsidies

$37 billion – Clean Energy Manufacturing Credits

$36 billion – Clean Vehicle Tax Credits

$35 billion – Forestry Conservation

$27 billion – Efficient buildings