According to The Inflation Reduction Act and the Black Community, August 2022 report by Creative Investment Research, the figure represents spending and tax rebates that could flow back into the Black community over nine years. The nearly $740 billion health care, tax, and climate bill became a law after President Joe Biden signed it last month. Collectively, the legislation is expected to bring relief to millions of Americans, including Blacks. For more, see: https://www.blackenterprise.com/report-inflation-reduction-act-could-bring-black-americans-22-3-billion-economic-impact/