Bernoth, Kerstin; Meyer, Josefin - In: DIW Weekly Report 13 (2023) 6, pp. 54-60
In August 2022, the US Congress passed the Inflation Reduction Act (IRA), a comprehensive piece of legislation aiming to stimulate the US economy and to increase its resilience. At an estimated 430 billion euros, it is a massive government investment and spending program in the welfare state,...