President Biden To Sign Inflation Reduction Act

Joe Biden is planning to sign the Inflation Reduction Act. The act will surely aim to reduce inflation but there are other things that will be affected as well.

The act will lower prescription drug prices, attack climate change, reduce the national deficit and impose a minimum tax on profits of the large corporations. Biden stated via Twitter that the “Inflation Reduction Act” will save American families hundreds of dollars a year.

The Inflation Reduction Act also has included clean energy and electric vehicle tax credits. Companies like Tesla and Shell are sure to see their stock price rise just off the announcement of the EV tax credit alone.

Check out this clip below.


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