Senator Baldwin-Supported Inflation Reduction Act of 2022 Signed Into Law
Legislation will lower out-of-pocket costs for working families on energy, prescription drugs, and health care and make big corporations pay a fair share of taxes
WASHINGTON, D.C. – Today, President Joe Biden signed the U.S. Senator Tammy Baldwin-supported Inflation Reduction Act of 2022 into law. The Democratic legislation will close tax loopholes for big, billion-dollar corporations and make them pay a fair share of taxes to cut the deficit, lower the out-of-pocket cost of prescription drugs, reduce health insurance premiums, lower household energy bills, and invest in American clean energy to create jobs and take on the climate crisis.
An online version of this release is available here.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.
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