What's in the Senate Democrats' landmark 'Inflation Reduction Act'?

Contributing sentiments towards policy:

57% : The current proposed text aims to increase job creation, raise taxes on large corporations and the mega-wealthy, allows the government to negotiate prices of prescription drugs to lower costs, expands the Affordable Care Act health care program and invests in addressing climate change with measure such as extending tax credits for clean energy initiatives.
54% : Chuck Marr, the Vice President of Federal Tax Policy at the Center on Budget and Policy Priorities, in a Twitter thread called the tax an "excellent policy," designed to correct tax policy inefficiency and "raises $125 billion over ten years."ClimateMost of the $369 billion the Inflation Reduction Act would spend on climate would go to renewable energy tax credits that would prop up clean energy technology such as carbon capture, hydrogen, renewables and energy storage.
44% : It deals with health care, drug pricing, taxes and climate change.
44% : In fact, the clean energy tax credits and the expanded premium tax credit will cut taxes for millions of Americans," Treasury Secretary Janet Yellen wrote in a letter to congressional leadership.
44% : "Following this effort, I look forward to working with Senator [Mark] Warner to enact carried interest tax reforms, protecting investments in America's economy and encouraging continued growth while closing the most egregious loopholes that some abuse to avoid paying taxes," she said in a statement Thursday night.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.