Ted James, Region 6 South Central Administrator, U.S. Small Business Administration

Ted James, Region 6 South Central Administrator, U.S. Small Business Administration

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How the Inflation Reduction Act Can Help Small Businesses and All of Us!

The Inflation Reduction Act (IRA) will lower prescription drug, health care, and energy costs. It will lower the deficit and no one making under $400,000 per year will pay a penny more in taxes. It will also fight climate change. This is a pretty good deal for most of us dealing with our changing climate patterns: scorching temperatures, escalating damaging storms, new monsoon seasons and all the havoc they cause. If we can slow climate change down, we all win.