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AJ Fabino

The Inflation Reduction Act Turns 1 Year Old: Biden Aims To Rekindle American Dream

Joe Biden Inflation the White House America Scott Olson IRA United States

Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Despite inflation starting to settle, food inflation continues to climb in the double digits in many counties. The White House celebrated the first anniversary of the Inflation Reduction Act Wednesday, and it appears President Joe Biden is placing it at the center of his reelection campaign. SCOTT OLSON/GETTY IMAGES

The White House celebrated the first anniversary of the Inflation Reduction Act Wednesday, and it appears President Joe Biden is placing it at the center of his reelection campaign.

What Happened: In a Wednesday address, Biden hailed the IRA as a cornerstone effort to rejuvenate the American dream, citing its scope in areas of climate, health and deficit reduction.

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