The Inflation Reduction Act was enacted last month, and it’s already sparking a boom in manufacturing. It’s aimed at spurring economic growth in the face of recessions and inflation by covering costs for supply chain expansions and allowing small businesses to keep pace with large enterprises. The Inflation Reduction Act is a much-needed move by the government to curtail debt and lower prices to keep the country on a path toward growth.
Although it has wide-reaching implications for healthcare and direct debt reduction, it’s heavily focused on improving the manufacturing infrastructure.
