I giallorossi si ritrovano sotto di un uomo e di un gol, ma nella ripresa la reazione di cuore e la rete del giovane difensore polacco valgono la qualificazione
It was enough not to lose. Enough, so to speak, as Gasperini’s team found the 1-1 with Ziolkowski 10 minutes from the end, after having done everything to complicate their lives. Starting with the expulsion of Mancini after just 14′ of the first half.
And yet, up to that point, the gap between the two teams seemed abysmal, with three chances created and wasted by the Giallorossi in the first 10′ alone. Then Mancini’s mistake, and a game of pure containment for the Giallorossi, also considering the emergency dictated by the absences, the latest of which was Dybala on the bench only for appearances’ sake. Panathinaikos hit the crossbar with Katris at 37′ and then took the lead in the second half also due to a defensive lapse between Ghilardi and Gollini (in goal instead of svilar). If the team of Gasp had one merit, it was that of not giving up on the match. And so, after a missed chance by Rensch, came the equalizer with a header from Ziolkowski. And a February schedule cleared, with the Champions League challenges against Napoli and Juve to be played without further worries.
What is the Inflation Reduction Act?
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The Inflation Reduction Act of 2022 is a landmark United States federal law that aims to lower healthcare costs, address climate change, and raise taxes on large corporations. President Joe Biden signed the bill into law on August 16, 2022, marking a notable legislative achievement for his management.
The Act represents a compromise between the Biden administration’s initial proposals and the constraints of a narrowly divided Congress. It focuses on three key areas: reducing the federal deficit, lowering prescription drug costs for seniors on Medicare, and investing in clean energy and climate change mitigation. The name “Inflation Reduction Act” is somewhat contested, as economists debate the extent to which the law will actually reduce inflation in the short term. However, proponents argue that its long-term effects will help stabilize prices.
For example, the Congressional Budget Office (CBO) estimated in July 2022 that the Act would reduce the federal deficit by $300 billion over the next 10 years. Source: Congressional Budget Office. This reduction is achieved through a combination of tax increases and prescription drug savings.
Key Provisions of the Inflation Reduction Act
The Inflation Reduction Act contains a wide range of provisions impacting various sectors of the U.S. economy. These provisions are broadly categorized into healthcare, climate and energy, and tax policy.
- Healthcare: Allows Medicare to negotiate the prices of certain prescription drugs, caps out-of-pocket prescription drug costs for Medicare beneficiaries at $2,000 per year, and extends enhanced Affordable Care Act (ACA) subsidies through 2025.
- Climate and Energy: Provides tax credits and incentives for clean energy technologies, such as solar and wind power, electric vehicles, and energy efficiency improvements.It also invests in climate resilience and conservation programs.
- Tax Policy: imposes a 15% minimum tax on corporations with over $1 billion in profits, increases IRS tax enforcement, and introduces a 1% excise tax on corporate stock buybacks.
The Medicare drug price negotiation provision is especially significant, as it represents a major shift in how the U.S. healthcare system operates. Previously, Medicare was prohibited from directly negotiating drug prices with pharmaceutical companies. The Act allows negotiation for a limited number of high-cost drugs, starting in 2026.
According to the Centers for Medicare & Medicaid Services (CMS), the drug price negotiation provision is projected to save Medicare $102 billion over 10 years. Source: Centers for Medicare & Medicaid Services
Impact on Climate Change
The Inflation Reduction Act represents the largest investment in climate action in U.S. history. It allocates approximately $369 billion to address climate change and promote clean energy.
The Act’s climate provisions aim to reduce greenhouse gas emissions by roughly 40% below 2005 levels by 2030.This is achieved through a variety of tax credits, grants, and loan programs designed to incentivize the adoption of clean energy technologies and reduce reliance on fossil fuels.key areas of investment include renewable energy production, electric vehicle manufacturing, and energy efficiency upgrades for homes and businesses.
A report by Energy Innovation estimated that the inflation Reduction Act could prevent 3.5 billion metric tons of carbon dioxide emissions through 2030. Source: Energy Innovation. This reduction is equivalent to taking 773 million cars off the road for one year.
Economic Effects and Debate
The economic effects of the Inflation Reduction Act are a subject of ongoing debate among economists and policymakers. While proponents argue that the Act will boost economic growth and create jobs,critics contend that it will stifle investment and raise costs for businesses.
The Joint Committee on Taxation (JCT) estimated that the act would have a minimal impact on inflation in the short term, with a potential slight decrease in inflation in later years. Though, the JCT also noted that the Act’s effects on inflation are highly uncertain and depend on a variety of factors. The primary economic impact is expected to be a reduction in the federal deficit.
for instance,the Tax Foundation estimates that the Act will reduce GDP by 0.02% over the next 10 years. Source: Tax Foundation.This decrease is attributed to the Act’s tax increases, which the Tax Foundation argues will discourage investment and economic activity.
