BAC Journal > Inflation Reduction Act Big Win for Workers

Inflation Reduction Act Big Win for Workers

2022 Issue 3
Legislative & Political

Inflation Reduction Act graphic

In August, Congress passed, and President Biden signed, the Inflation Reduction Act (IRA), transformative legislation representing a significant step toward addressing climate change, and bettering health care coverage/costs. “The Inflation Reduction Act shows that addressing climate change does not have to come at the expense of good jobs,” said BAC President Tim Driscoll. “In addition, every working family will greatly benefit from allowing Medicare to finally negotiate prices, curtailing the drastic increases in the cost of life-saving medications.”