Press Release
McClain to Hold Hearing on Impact of Inflation Reduction Act One Year Later
WASHINGTON—Subcommittee on Health Care and Financial Services Chairwoman Lisa (R-Mich.) today announced a hearing titled “The Inflation Reduction Act: A Year in Review” to examine the impacts of President Biden’s Inflation Reduction Act (IRA) on the economy, American taxpayers, and small businesses. The IRA hiked taxes on businesses, mandated price controls on drugs, devoted $80 billion ...