Biden Inflation Reduction Act 2024. The new bill makes the largest investment in combating climate change in u.s. Biden on wednesday continued to argue the inflation reduction act has led to a manufacturing boom that will bring more union jobs back to the u.s.

Biden on wednesday continued to argue the inflation reduction act has led to a manufacturing boom that will bring more union jobs back to the u.s. When the law, known as the inflation reduction act, was approved in 2022, analysts predicted that it would help cut america’s greenhouse gas emissions.