On Aug. 16, President Biden signed the Inflation Reduction Act of 2022 (IRA). While the bill claims it will, “make a historic down payment on deficit reduction to fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40% by 2030,” plumbing associations aren’t convinced the IRA will do much — if anything — to reduce inflation or benefit small businesses or the American consumer.
Founded in 1949, Western Steel and Plumbing is a leading distributor of plumbing and HVAC products with two locations in Bismarck and Minot, North Dakota.