Fox News has spent years claiming that Inflation Reduction Act policies will make energy more expensive. It was wrong.

Media Matters for America · last updated June 6, 2025 – 5:09 AM

Fox News figures for years claimed the Inflation Reduction Act would increase energy costs. In reality, the IRA spurred major clean energy innovation and reduced energy costs for millions of families. And studies now say that repealing the act and its clean energy tax credits — as the Trump administration’s “One Big Beautiful Bill Act” would do — would increase household energy costs.

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