FACT SHEET: Celebrating Two Years of the Inflation Reduction Act
August 16, 2024
Two years ago, President Biden signed the Inflation Reduction Act, the largest investment in climate action and clean energy in world history. Key to the Biden-Harris Administration’s Investing in America agenda, this transformative law is lowering energy costs, creating new income streams, and tackling the climate crisis. The Inflation Reduction Act has given the U.S. Department of Agriculture (USDA) historic resources to better serve communities nationwide.
"Through the Inflation Reduction Act, the Biden-Harris Administration ushered in a new era of innovation, prosperity for rural communities, and climate preparedness,” said Agriculture Secretary Tom Vilsack. “The historic resources it provided have helped USDA meaningfully improve the lives of every American by lowering energy costs, reducing wildfire risk, and bringing more farmers into our high-demand conservation programs, and more.”
