The Inflation Reduction Act (IRA) signed into law this week by President Biden includes a two-thousand-dollar cap for out-of-pocket prescription drug costs for Medicare recipients and a new corporate minimum tax. But Senator Tina Smith says…

“I’m most proud of the work that we did on clean energy and climate it is the single most significant piece of legislation that we passed around energy independence and clean power ever in this country.”

Senator Smith says the law aims to reduce carbon emissions by up to 40-percent by 2030.