Cola Increase 2024 Inflation Reduction Act
Cola Increase 2024 Inflation Reduction Act. For fiscal year 2024, which began october 1, 2023, the inflation reduction act provided $1.65 billion for the environmental quality incentives program (eqip),. History, lowers the cost of prescription drugs and raises taxes on corporations.
The 2024 cola will be 3.2%, the. To meet the law’s expected emissions reductions, the nation would need to add roughly 70 to 126 gigawatts of renewable electricity capacity each year between.