What is the Inflation Reduction Act?
By Sara Kraft Last month, the US government passed the Inflation Reduction Act, or IRA, which may be the most significant piece of legislation issued by the United States government in over 50 years. The IRA seeks to address and ease the lifestyle changes necessitated by four major issues facing US households: income inequality, climate change, health care, and inflation. The IRA is the largest investment made by any government toward confronting climate change to date. The b