It’s now been one year since President Biden signed the Inflation Reduction Act into law—lowering health care costs for families and investing in our future by accelerating the transition to clean energy.

Today, the Inflation Reduction Act is already making a difference. First, it helped strengthen the Affordable Care Act by capping the cost of insulin at $35 a month for millions of seniors and saving nearly 15 million people hundreds of dollars a year on their health insurance

The Inflation Reduction Act is also helping drive a boom in American clean energy manufacturing. Businesses have announced more than 270 new clean energy projects in the last year alone—creating more than 170,000 jobs in 44 states. And more local investments are being announced

This matters. The heatwaves in the Southwest, the floods in the Northeast, and the devastating wildfires we’ve seen across the country and in my home state of Hawai’i are all reminders that the climate crisis is here. By 2030, the Inflation Reduction Act could help cut carbon

Barack Obama @VickiMo08056436 Here’s more about the Inflation Reduction Act: