The Inflation Reduction Act, also referred to as the IRA, has been a pivotal achievement within the Biden Administration. Enacted through the Budget Reconciliation process, the IRA encapsulates three main Democratic objectives—climate and clean energy investment, healthcare price regulation, and tax restructuring. With the 2024 Presidential Election looming, the fate of the IRA is uncertain, particularly with Republicans eyeing a potential repeal.
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Can Republicans Repeal the Inflation Reduction Act (IRA)?
About the authors
Kristina M. Moore*
Patrice Z. Howard, Ph.D.