Inflation Reduction Act 2024 Cost Reduction. On august 16, 2022, president biden signed the inflation reduction act (ira) into law, marking one of the largest investments in the american economy, energy security, and climate that congress has made in the nation’s history. See how the inflation reduction act is affecting your community.

In this article we take a closer look at what’s in the ira. See how the inflation reduction act is affecting your community.