US Inflation Reduction Act

It’s called the Inflation Reduction Act. The main purpose: to curb inflation by reducing the deficit, lower prescription drug prices, and promote investing into domestic energy production while promoting clean energy.

What is the key phrase? Domestic clean energy production. Why is that important? It has angered the EU and even South Korea due to green energy subsidies.


Press TV’s website can also be accessed at the following alternate addresses:

www.presstv.co.uk

SHARE THIS ARTICLE
EU
Press TV News Roku