Author: Riley Shelton

Riley Shelton Signed into law on August 16, 2022 by President Joe Biden, the Inflation Reduction Act is meant to lower prescription drug costs, curb inflation, lower healthcare insurance, and incentivize clean energy. Pouring $370 billion (Penn Today, 2022) into legislation addressing climate change, this bill is extremely progressive in terms of environmental legislation.  By Elson Bankoff This bill was initially proposed by Biden as the “Build Back Better Act.” It was meant to make the largest public investments into social, infrastructural, and environmental programs since the New Deal during the Great Depression. Passage of the Build Back Better Act was halted when West Virginia Senator Joe Manchin (Democrat) pulled his support due to his opinion that the bill consisted of ove...