Inflation Reduction Act of 2025

In Plain Language

This bill gets rid of the Inflation Reduction Act of 2022, which was a major law passed a few years ago. It takes back any money from that law that hasn't been spent yet. The bill essentially erases that law from the books.

Official Congressional Research Service summary

Inflation Reduction Act of 2025This bill repeals the Inflation Reduction Act of 2022 and rescinds any unobligated funds made available by the act.

Sponsor

Rep. Ogles, Andrew [R-TN-5]

Cosponsors

Rep. Burlison, Eric [R-MO-7]

Rep. Perry, Scott [R-PA-10]

Rep. Gosar, Paul A. [R-AZ-9]

Rep. Biggs, Andy [R-AZ-5]

Rep. Cloud, Michael [R-TX-27]

et al.

Latest action

Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Agriculture, Natural Resources, Financial Services, Science, Space, and Technology, Transportation and Infrastructure, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jan 3, 2025

Official source

View on Congress.gov ↗

Action history

Jan 3, 2025 Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Agriculture, Natural Resources, Financial Services, Science, Space, and Technology, Transportation and Infrastructure, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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