Biden Signs Inflation Reduction Act 2024

Biden Signs Inflation Reduction Act 2024. The inflation reduction act is a key. Washington — president biden signed the inflation reduction act into law at the white house on tuesday, finalizing a signature piece of legislation aimed at fighting climate.

The inflation reduction act allocated an estimated $369 billion in federal funding focused on combating climate change and building a renewable energy economy. In a speech from the state dining room, biden cast the bill as a historic opportunity to combat climate change and improve americans’ lives.