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  "documentTitle": "The Inflation Reduction Act: Here’s what’s in it",
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  "notes": "The chart uses a stacked bar to visualize the composition of the $394B total.",
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      "text": "The majority of the $394 billion in energy and climate funding is in the form of tax credits.",
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      "text": "Energy and climate change funding in the Inflation Reduction Act, $ billion",
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      "text": "The majority of the $394 billion in energy and climate funding is in the form of tax credits. Corporations are the biggest recipient, with an estimated $216 billion worth of tax credits. These are designed to catalyze private investment in clean energy, transport, and manufacturing. Many of the tax incentives in the bill are direct pay, meaning that an entity can claim the full amount even if its tax liability is less than the credit.",
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      "text": "Note: This exhibit reflects analysis of the appropriation figures contained in the Inflation Reduction Act, as well as those reported by the Congressional Budget Office and Joint Committee on Taxation. This analysis may differ from other analyses due to differences in methodology. Source: Inflation Reduction Act of 2022, H.R. 5376, 117th Cong. (2021–22)",
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      "text": "Corporations, individuals, and state and local governments are all eligible to receive funding in the energy portion of the Inflation Reduction Act.",
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