Trump Says He’ll Terminate the Inflation Reduction Act. Here’s What Programs Would End

President Trump has committed to terminating major provisions of the Inflation Reduction Act (IRA), a sweeping climate and clean energy law passed in 2022.

President Trump has committed to terminating major provisions of the Inflation Reduction Act (IRA), a sweeping climate and clean energy law passed in 2022.

No, inflation was not zero in 2020 during Donald Trump's presidency. The official annual inflation rate for 2020 was 1.

If President Trump follows through on his proposal to abolish the federal gas tax, the federal government would lose more than $23 billion annually in...

When Donald Trump says he will "cut corporate taxes again," he's referring to rates that are already significantly lower than they were before his...

No, home prices are not "collapsing" according to the latest Case-Shiller Index data available as of April 2026.

Reciprocal tariffs, as proposed by the Trump administration, are import taxes designed to match the tariff rates that other countries impose on American...

President Trump announced in January 2026 that he would deny federal funding to "sanctuary cities and states" effective February 1, 2026—but a legal...

Trump did not accurately describe recent interest rate movements. The Federal Reserve's benchmark funds rate has not quadrupled overnight or even over an...

Donald Trump did not eliminate the federal estate tax, despite his campaign promises. What he did was sign the "One Big Beautiful Bill Act" (OBBBA), which...

The Trump administration has announced sweeping restrictions targeting Chinese imports across multiple critical sectors of the U.S.