President Joe Biden greenlighted about $1 trillion toward tax credits, grants, and loans for clean energy when he signed the Inflation Reduction Act into law. While the 2022 law was popular among U.S. voters at the time, many aren’t seeing the value of Biden’s green spending spree.
In light of poor economic polling figures, the Biden administration has highlighted job creation, reduced costs for families, and the simplification of the tax code as benefits of the law. Yet, less than half the public thinks it will help them or the country. Over 40% report having heard “nothing at all” about the legislation, and only 12% say they have heard “a lot” about it.
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