IRA benefits.

A U.S. Treasury analysis finds global benefits from the Inflation Reduction Act to exceed $5 trillion between now and 2050 from improved air pollution, climate, health and productivity.

Treasury faults current IRA projections, which it says undercount benefits by focusing on climate benefits and overstate costs by ignoring climate-fueled damages to infrastructure and people.

Amena H. Saiyid

Washington D.C. Correspondent