Vox Sentences - What’s in the Inflation Reduction Act

Hi,

It’s official: President Biden has signed the Inflation Reduction Act into law.

If you have questions about how this new federal policy will affect you, submit them to reporter Li Zhou. Li covers Congress and is an expert on clearly explaining the impact of new policies. She might answer your question in a story. 

Your newsroom buddy,

Jacqué Palmer
Senior editorial impact & loyalty manager, Vox

Dear friend of Vox,

So many of you have told us that one of the things you most value about Vox is the way we explain the impact of policy on people in a clear, accessible way. 

Our newsroom’s work to explain Congress’s massive new climate and health care bill does just that. To cover this bill, we pooled expertise from multiple teams of reporters, because we believe that when the government is investing billions of dollars in a new initiative, it’s important for the electorate to understand what’s in it.

Financial gifts from readers help keep work like this paywall free, so that everyone can understand how policy will impact them. Will you make a one-time gift in support of keeping this work free for all?

Here is a sample of the kind of work your gift helps make free: 

If you’re looking for a quick rundown of what the Inflation Reduction Act will mean for Americans in the coming years, start with this full explainer, and then listen to this episode of Today, Explained.

If you’d like to dig deeper into the climate change and energy provisions of the bill, read this piece from climate reporter Rebecca Leber. She explains what the $369 billion in funding for clean energy and electric vehicle tax breaks, domestic manufacturing of batteries and solar panels, and pollution reduction will do. And if you want to understand how investing in clean energy will help inflation in the long run, read Rebecca’s latest. (Hint: Higher oil and gas prices are responsible for about 40 percent of the price increases across the economy.)

If you’re curious about whether or not the bill will live up to its name and reduce inflation, Vox’s Li Zhou spoke to three economic experts to understand how much this bill will really impact inflation in the long-term, and the short-term.

We know this is a rocky economic time. That’s part of why we think it’s so important to keep our work free for everyone who needs it. If you’re able, will you help us keep this vital work free by making a gift today?

Your support at this time is greatly appreciated. Our small team is working hard to empower people by helping them understand the context of the news in American politics — including the FBI raid of former president Donald Trump’s Florida residence. We explained what the Espionage Act is and how it ties back to the contents of the search warrant issued by the FBI, explained why conspiracy rhetoric from Republicans is so dangerous, and clarified what the DOJ can legally say about an ongoing investigation. 

Your gift directly supports our journalism. It helps us plan ahead so that we’re staffed to cover unexpected news like this, while continuing to prepare for things like the midterm elections. 

Thanks for helping keep Vox free. 

— 

Jacqué Palmer
Senior editorial impact & loyalty manager, Vox

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