Just yesterday, on February 11, the United States passed a law to reduce inflation for 2022. The law provides for an increase in budget revenues to 750 billion dollars and an increase in investments in the amount of about 370 billion dollars for energy security, i.e. domestic energy production and climate change. This includes also about $60 billion of investment for the creation of "clean" or "green" jobs. About 300 billion will be directed to cover the deficit.

Given the volume of the GDP in the US at the level of about US 20 trillion dollars, this is about 5% of the economy, including about 2% to cover the deficit.

The consequences of the conflict in Ukraine are already starting to take effect in many countries. I wonder about what measures are applied in other countries. Please share your ideas and links.

Link to the Summary: https://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_one_page_summary.pdf