Biden Just Signed The Inflation Reduction Act — Here’s How It Can Transform Your Healthcare
Joe Biden signed the Inflation Reduction Act Tuesday, codifying a major overhaul of drug pricing for Medicare patients and extending Obamacare subsidies.
How the Inflation Reduction Act Affects Americans
On Aug. 7, the U.S. Senate passed reconciliation bill H.R. 5376, the Inflation Reduction Act. The House of Representatives passed the reconciled bill on Aug. 12. The bill ended up being a slimmed-down version of President Biden’s $2.2 trillion “Build Back Better” bill. The original bill stressed a tightened social net and expanded green initiatives. Swing Democrat Sens. Joe Manchin (W.Va.) and Kyrsten Sinema (Ariz.) managed to achieve concession…