The Inflation Reduction Act is designed to adhere to Biden's campaign promise not to raise taxes on families or small businesses that make less than $400,000 a year, though GOP critics say it will ...

President Biden made a major admission about the Inflation Reduction Act, saying that he wished he "hadn't called it that," and it had "less to do with inflation" than other things.

Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it's increasingly clear that immediately curbing prices wasn't the ...

The legislation cuts off federal tax credits for electric vehicles and residential solar by the end of the year.

The Clean Vehicle Credit, overhauled and extended through 2032 as part of the Inflation Reduction Act, will now end after ...

The Inflation Reduction Act is not expected to bring down inflation dramatically or right away, but experts say that might not be such a bad thing given the bill's other areas of focus.

The Inflation Reduction Act passed Congress, and was signed into law by President Biden on Aug. 16, 2022. Follow our inflation coverage: No more steak. Ordering out less.

TOPSHOT – US President Joe Biden signs H.R. 5376, the Inflation Reduction Act of 2022, in the State Dining Room of the White House in Washington, DC, on August 16, 2022.

The Inflation Reduction Act would invest nearly $400 billion in energy security and climate change proposals, aimed at reducing carbon emissions by approximately 40% by 2030.

The Inflation Reduction Act aims to cool the US's rampant price growth, but expect its effects to be limited. Drug-price negotiation and clean-energy rebates will lower costs for millions of ...

The Inflation Reduction Act included $80 billion in additional funding over ten years for the IRS. The funds were supposed to help improve tax compliance, which in turn could increase federal ...