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Americans Won’t See Benefits of $369 IRA Bill Until This Happens

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The Street

By Tony Owusu The Senate passed the IRA Act of 2022 last week, but the road to reducing emissions will take more than just a large infusion of money. Now that Congress has taken a critical step in investing $369 billion in green energy causes through the Inflation Reduction Act of 2022, the real work can begin. Last week the Senate passed the bill, along a party-line vote that saw Vice President Kamala Harris cast the 51-50, tie-breaking Senate vote. The bill still needs to be passed by the Democrat-controlled House of Representatives, but it is expected to become law soon as the IRA is very s…

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