The Inflation Reduction Act

From this source: 

Enacts historic deficit reduction to fight inflation

Lowers energy costs, increases cleaner production, and reduces carbon emissions by roughly 40 percent by 2030 

Allows Medicare to negotiate drug prices and caps out-of-pocket costs to $2,000

Lowers ACA health care premiums for millions of Americans

Make biggest corporations and ultra-wealthy pay their fair share

There are no new taxes on families making $400,000 or less and no new taxes on small businesses we are closing tax loopholes and enforcing the tax code

Note:
"CBO estimates that enacting this legislation would result in a net decrease in the deficit totaling $90 billion over the 2022-2031 period."

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