Leading Arizona business groups raise concerns over Inflation Reduction Act

By Joe Pitts | Chamber Business News

The Arizona Chamber of Commerce & Industry and the Arizona Manufacturers Council are raising concerns that the newly proposed Inflation Reduction Act (IRA) could raise taxes on Americans and discourage business investment.

The Chamber just partnered with the National Association of Manufacturers (NAM) to produce a TV ad encouraging Arizona’s congressional delegation to oppose the bill in its current form.

President Biden’s economic and climate agenda was revived last week after Sen. Joe Manchin, D-W.V., signed onto legislation whose provisions were previously part of the failed Build Back Better (BBB) bill. Now renamed the IRA, the bill would:

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August 3, 2022

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Leading Arizona business groups raise concerns over Inflation Reduction Act

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