August 2022 Archive

On August 16, 2022, President Biden signed into law the Inflation Reduction Act (IRA). The bill invests $400 billion in energy security, climate change, drought resiliency, and extending certain Affordable Care Act provisions. The IRA is expected to generate over $700 billion in federal tax revenue from both corporate tax previsions and prescription drug pricing […]

You’ve heard this one before. An agency or advocate comes to the Legislature for money: Earlier this spring, the Legislature and Governor officially embarked on an effort to change this conversation. “Performance Reporting and Efficiency Requirements” (HB0326, 2021 GS) established May 1, 2022 as the date by which the Office of the Legislative Fiscal Analyst […]