inflation reduction act of 2022

This is the Act signed into law on August 16, 2022 by President Joe Biden.  It lists the 10 drugs that Medicare will have the authority to negotiate pricing by 2026.

Eliquis affects 3.067 million Medicare patients and costs the federal government $16.482  billion dollars. This is approximately $4447.55 per patient.

Xarelto, Januvia, Farxiga, Entresto, Enbrel, Imbruivia, Stelara are the remaining 9 and they round out the list of ten.  Find out more about the drugs!

https://www.cms.gov/files/document/fact-sheet-medicare-selected-drug-negotiation-list-ipay-2026.pdf

The inflation reduction act was recently signed. But behind the confusing name and the range of different policies included, it can be difficult to figure out exactly what the impact of this bill will be. I give a simplified explanation of what this bill is about. How it won't really affect inflation, and how it's mainly a climate change bill. Finally I explain how this bill will be paid for: via additional taxes on firms and a big budget upgrade for the IRS. 

Full video: https://youtu.be/_y9VVm8Ee3s

#inflationreductionact #consumerprices #inflationnews 

More videos: 

  Why construction costs are NOT going DOWN! - https://youtu.be/CMxCk-9xkqw

  When was US inflation LAST this HIGH? - https://youtu.be/kxFes-Hil7c

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The Inflation Reduction Act of 2022 (IRA) is the most significant legislation related to climate change in U.S. history. With it comes significant tax implications for the clean energy industry, including renewables, storage, electric vehicles, and more.

Join host Bill Derasmo and Troutman Pepper partners Judy Kwok and Marc Machlin as they break down the IRA and its effects across the energy sector.

This is the latest episode of the Chocolate News Podcast. We bring you news that discusses issues affecting the Black community.

On today’s show we will be discussing Serena Williams at the Western and Southern Open, the Black Family Reunion, the Inflation Reduction Act of 2022, and more.

This week’s episode is hosted by John Alexander Reese (Digital Editor, The Cincinnati Herald) and Andria Carter (Digital Correspondent, The Cincinnati Herald)
 
Originally recorded on Wednesday, August 17th, 2022.

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Make sure to check out the stories we talked about today on our website at www.TheCincinnatiHerald.com. You can also follow us on social media. We're on Facebook, Twitter, and Instagram. We also have our own YouTube channel. Just search for The Herald TV.