Home » Industries » Inflation Reduction Act to cost US $1.2 trillion, Goldman Sachs says
Inflation Reduction Act to cost US $1.2 trillion, Goldman Sachs says
Inflation is Fed’s number one priority: Stephen Steinour
Huntington Bancshares chairman and CEO Stephen Steinour weighs in on Jerome Powell’s inflation battle as the economy shows ‘increasing signs of stress’ on ‘The Claman Countdown.’
President Biden's clean-energy law will cost roughly $1.2 trillion, a figure three times more than what supporters initially claimed.
The Inflation Reduction Act was passed last year in an effort to address climate change, security and energy. Lawmakers who voted for the legislation said it would spur trillions in private-sector investment.
BIDEN SIGNS $739 BILLION INFLATION REDUCTION ACT INTO LAW, SLAMS GOP FOR VOTING AGAINST THE TAX, CLIMATE DEAL