Biden signs Inflation Reduction Act into law
US & Canada

Biden signs Inflation Reduction Act into law

Joe Biden has organized a ceremony at the White House to sign the Inflation Reduction Act, the law that provides for investments of more than 750 billion dollars to fight climate change, reduce inflation and health costs. “One of the most significant laws in our history, America’s soul is vibrant, America’s future is bright and America’s promise is true and has only just begun,” Biden said. This is a measure strongly supported by the administration and a major victory for the president and the Democratic party in view of the Midterm elections in November.