Tag #Inflation Reduction Act

Showing 1 to 12 of 37 results

nbcnews.com
🌐 85% Global Worthiness
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Medicare Part D Premiums Set to Surge Up to $50 Monthly

Medicare Part D enrollees face potential monthly premium increases up to \$50 in 2024 due to rising drug costs, the Inflation Reduction Act's cost shift to insurers, and reduced government funding for premium stabilization, prompting experts to urge beneficiaries to compare plans during open enrollm...

Progress

40% Bias Score

Good Health and Well-being
forbes.com
🌐 85% Global Worthiness
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IRA's Impact: Lower Drug Costs for Medicare Cancer Patients

The Inflation Reduction Act capped annual out-of-pocket costs for Medicare Part D prescription drugs at $3,300 in 2024 and $2,000 in 2025, resulting in a 50% year-over-year increase in oncology prescription volumes between 2023 and 2024, significantly benefiting cancer patients.

Progress

40% Bias Score

Good Health and Well-being
cincodias.elpais.com
🌐 85% Global Worthiness
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Clean Energy Sector Rebounds on Revised US Tax Bill and Rising Demand

The clean energy sector is rebounding strongly, with the S&P Global Clean Energy index up 25% since April's lows, fueled by a revised US tax bill, investor sentiment shift, and rising electricity demand; however, it remains 60% below 2021 highs.

Progress

40% Bias Score

Affordable and Clean Energy
cbsnews.com
🌐 85% Global Worthiness
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House Republicans Seek Billions in Climate Funding Cuts, Threatening Clean Energy Growth

House Republicans introduced a bill to cut billions in climate funding from the Inflation Reduction Act, impacting renewable energy and electric vehicle tax credits; the bill also aims to streamline fossil fuel permitting and includes $2 billion for the strategic petroleum reserve, potentially incre...

Progress

44% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
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Trump Executive Order Seeks to Alter Medicare Drug Pricing, Faces Uphill Battle

President Trump signed an executive order potentially delaying small molecule drug price negotiations under the Inflation Reduction Act by up to four years, raising concerns about budget neutrality, legal challenges under the revised Chevron Doctrine, and political opposition.

Progress

36% Bias Score

Good Health and Well-being
forbes.com
🌐 85% Global Worthiness
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IRS Faces Mass Layoffs, Impacting Taxpayer Services

The IRS faces significant workforce cuts, with approximately 22,000 employees potentially let go by mid-May, impacting taxpayer services and revenue collection; this follows legal challenges to previous firings and high leadership turnover.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Low Enrollment in Medicare's New Prescription Payment Plan

The Inflation Reduction Act's $2,000 cap on Part D out-of-pocket drug costs in 2025 introduced the voluntary Medicare Prescription Payment Plan (MPPP), allowing enrollees to spread payments monthly; however, only 16% of the 1.2 million eligible beneficiaries enrolled by February 2025.

Progress

36% Bias Score

Good Health and Well-being
forbes.com
🌐 85% Global Worthiness
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Federal EV Tax Credits Expiring September 30, 2025

The "One Big Beautiful Bill" sets a September 30, 2025 expiration date for federal EV tax credits, impacting consumer purchasing decisions and potentially slowing EV sales unless automakers adjust pricing or incentives.

Progress

36% Bias Score

Affordable and Clean Energy
npr.org
🌐 85% Global Worthiness
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Medicare Drug Price Negotiations Continue Under Trump Administration

The Trump administration is continuing Medicare's drug price negotiations begun under Biden, with initial offers sent to Novo Nordisk and Amgen for 15 drugs; lower prices are expected to start in January 2027.

Progress

36% Bias Score

Good Health and Well-being
forbes.com
🌐 85% Global Worthiness
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US Climate Tech Projects Plummet Amidst Policy Uncertainty

Due to policy reversals and new tariffs, $8 billion in US climate tech projects were canceled in the first quarter of 2025, nearly equaling the total cancellations in the 17 months after the Inflation Reduction Act's passage, while Canada is attracting investment with its stable climate policies.

Progress

44% Bias Score

Climate Action
us.cnn.com
🌐 85% Global Worthiness
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Judge Unfreezes $20 Billion in Clean Energy Funding

A federal judge ordered the unfreezing of $20 billion in clean energy funding after ruling that the EPA unlawfully terminated a program supported by eight nonprofits; the Trump administration plans to appeal.

Progress

48% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 90% Global Worthiness
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Republican Districts Reap Clean Energy Rewards Despite Party's Opposition to IRA

Billions in US clean energy investment, spurred by the Inflation Reduction Act, overwhelmingly benefited Republican-held districts, yet many Republican lawmakers remain publicly silent about President Trump's calls to repeal the incentives, despite private concerns about potential economic fallout.

Progress

52% Bias Score

Climate Action

Showing 1 to 12 of 37 results