Biden signs landmark domestic bill

Politico · Adam Cancryn and Olivia Olander · last updated August 16, 2022 – 4:24 PM

The package invests roughly $300 billion in climate and energy initiatives, limiting prescription drug prices and imposing a new minimum tax on large corporations.

Related Knowledge Center: Climate legislation

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The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

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