While the Inflation Reduction Act of 2022 (IRA), recently signed into law, has created a good deal of buzz in the nuclear community, the thought of wading through its 730 pages of legislative language can be a bit intimidating. Which is why, on August 26, the American Nuclear Society offered an hour-long, members-only webinar on the legislation and its key provisions for nuclear energy.

Moderated by John Starkey, ANS’s director of public policy, “Inflation Reduction Act: What’s in It for Nuclear” featured Benton Arnett, director of markets and policy for the Nuclear Energy Institute; Josh Siegel, energy and climate change reporter for Politico; Rory Stanley, staff member of the Senate’s Energy and Natural Resources Committee; Elina Teplinsky, partner at Pillsbury Winthrop Shaw Pittman; and James Wickett, partner at Hogan Lovells. (ANS members can view the full webinar here.)

After hours of debate alternating between Democratic praise for the Inflation Reduction Act (IRA) and Republican denunciation of it, the House of Representatives late Friday passed the sweeping energy, tax, and health care package in a straight party-line vote, 220–207. Its passage represents a significant win for President Biden, who is expected to sign the bill into law this week.

The boldly named $430 billion measure includes $369 billion in energy security and climate spending, with nuclear energy included among the beneficiaries.

The White House yesterday released its $5.8 trillion fiscal year 2023 budget proposal, just two weeks after President Biden signed into law H.R. 2471, the FY 2022 omnibus bill that funds the federal government through September 30.

The Senate Energy and Natural Resources Committee met yesterday to consider the nomination of Kathryn Huff to head the Department of Energy’s Office of Nuclear Energy (NE). President Biden selected Huff to fill the top spot at NE in January.

Sen. Joe Manchin (D., W.Va.) has been in the news over the past week—and that’s good news for the nuclear community. Last week, The Hill reported on Manchin’s support for climate action, and according to Bloomberg News this week, Manchin is “big on nuclear” and supports the tax credits for nuclear power plants included in the administration’s Build Back Better plan.

Energy secretary Jennifer Granholm toured the Braidwood nuclear plant in Illinois last week as part of a statewide tour to promote the climate provisions in the recently passed trillion-dollar infrastructure law and the Build Back Better Act, over which the Senate continues to haggle.

President Biden is expected to sign the recently passed $1.2 billion bipartisan infrastructure bill, which provides support for both existing and advanced nuclear, on Monday. However, the fate of its legislative companion, the $1.75 trillion Build Back Better Act—the other major component in the president’s ambitious domestic agenda—is far from certain.

After hours of squabbling between left-wing and centrist Democrats, the $1.2 trillion bipartisan infrastructure bill (H.R. 3684)—one of the two main pillars of President Biden’s domestic agenda—passed the House of Representatives late Friday night and has been sent to the White House for signing. The final tally was 228–206, with 13 Republicans joining most Democrats in casting their votes in favor of the legislation.

The New York Times has reported on a set of massive spending proposals under President Biden’s “Build Back Better” agenda that is adding up to $3 trillion aimed at boosting the economy and combating climate change. The proposals are expected to be presented to Congress in three parts instead of as one massive bill. Details still need to be worked out and the proposals remains in flux, according to the Times.