I've already devoted one post on this blog to the Inflation Reduction Act and the fact that it could help the U.S. reduce its emissions by 40% from 2005 levels. But I haven't really gotten into the nuts and bolts of how it achieves those reductions. And I haven't even begun to talk about the other provisions in the bill, which are fairly significant in their own right: boosting U.S. industry, controlling Medicare costs, closing some big tax loopholes, and improving tax collection.
If you're curious about all that stuff, my latest piece for Money Crashers can help. It doesn't get too far into the weeds, but it does provide a broad overview of what this new law does, how it could affect you, and what it will cost. (Spoiler alert: It more than pays for itself.)
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