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Which sector will benefit the most from the Inflation Reduction Act by the end of 2024?
2
Resolution / Starting Odds
Renewable Energy • 25%
Manufacturing • 25%
Transportation • 25%
Other • 25%
Economic and industry reports
Story
Biden Admits $369 Billion 'Inflation Reduction Act' Is a Climate Change Law; Kamala Harris Cast Tie-Breaking Vote
Sep 5, 2024, 08:17 PM
President Joe Biden has admitted that the 'Inflation Reduction Act' is primarily a climate change law rather than a measure to reduce inflation. During a recent speech, Biden acknowledged that the act, which is a $369 billion bill, should have been named to reflect its true purpose. The act, which has been described as the most significant climate change legislation ever, was initially presented as a means to combat inflation. Biden's remarks have sparked criticism and accusations of misleading the public about the bill's true intent. Vice President Kamala Harris cast the tie-breaking vote for the act, which some have likened to a scaled-down version of the Green New Deal.
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Renewable Energy Sector • 25%
Construction and Infrastructure • 25%
Healthcare Sector • 25%
Other • 25%
Significant Impact • 50%
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%
Significantly lower • 25%
Moderately lower • 25%
No change • 25%
Higher • 25%
Increased approval (> 60% support) • 33%
Neutral (~50% support) • 33%
Decreased approval (< 40% support) • 33%
Renewable Energy Projects • 25%
Infrastructure Development • 25%
Healthcare Initiatives • 25%
Other • 25%
Significantly increased • 25%
Moderately increased • 25%
No change • 25%
Decreased • 25%
Republican-led repeal attempt • 33%
Democratic-led expansion • 33%
No significant political action • 33%
Pfizer • 25%
Johnson & Johnson • 25%
Merck & Co. • 25%
Other • 25%
Technology sector benefits the most • 25%
Financial sector benefits the most • 25%
Healthcare sector benefits the most • 25%
Other sectors benefit the most • 25%
Maryland • 25%
North Carolina • 25%
Texas • 25%
Other • 25%
Finance • 25%
Real Estate • 25%
Healthcare • 25%
Technology • 25%