Barack Obama Instagram – It’s now been one year since @POTUS signed the Inflation Reduction Act into law—lowering health care costs for families and investing in our future by accelerating the transition to clean energy. Today, the Inflation Reduction Act is already making a difference. First, it helped strengthen the Affordable Care Act by capping the cost of insulin at $35 a month for millions of seniors and saving nearly 15 million people hundreds of dollars a year on their health insurance premiums. The Inflation Reduction Act is also helping drive a boom in American clean energy manufacturing. Businesses have announced more than 270 new clean energy projects in the last year alone—creating more than 170,000 jobs in 44 states. And more local investments are being announced every day. This matters. The heatwaves in the Southwest, the floods in the Northeast, and the devastating wildfires we’ve seen across the country and in my home state of Hawai’i are all reminders that the climate crisis is here. By 2030, the Inflation Reduction Act could help cut carbon pollution by 41 percent from peak levels—potentially saving thousands of lives every year. Joe Biden and Kamala Harris are working every day to deliver a better future and grow the middle class—and the Inflation Reduction Act is an example of the groundbreaking investments they’ve made since taking office. Here’s to another historic year.