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Which sector will benefit the most from the Inflation Reduction Act by end of 2024?
2
Resolution / Starting Odds
Renewable Energy Sector • 25%
Construction and Infrastructure • 25%
Healthcare Sector • 25%
Other • 25%
Economic and industry reports
Story
Biden Admits Inflation Reduction Act Focuses on Climate Change, Spending Hundreds of Billions
Sep 5, 2024, 10:58 PM
President Joe Biden recently admitted that the Inflation Reduction Act was not primarily focused on reducing inflation, but rather aimed at addressing climate change. This statement has sparked criticism, with some commentators arguing that the act was misrepresented to the public as a 'Green New Steal' slush fund. The act involves significant spending, amounting to hundreds of billions, on renewable energy projects such as wind and solar power, which critics believe is based on a flawed approach to tackling climate change.
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Renewable Energy • 25%
Manufacturing • 25%
Transportation • 25%
Other • 25%
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No Significant Impact • 50%
Capping insulin costs • 25%
Capping prescription drug costs • 25%
Lowering overall healthcare costs • 25%
Free tax filing on IRS website • 25%
Amendment • 25%
Repeal • 25%
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Increased approval (> 60% support) • 33%
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Republican-led repeal attempt • 33%
Democratic-led expansion • 33%
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Pfizer • 25%
Johnson & Johnson • 25%
Merck & Co. • 25%
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Maryland • 25%
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