No $6,400 subsidies in Inflation Reduction Act

TL/DR –

A claim that the Inflation Reduction Act has been updated to provide Americans making less than $50,000 yearly up to $6,400 monthly in subsidies is false. The Inflation Reduction Act, signed into law in 2022, has not been updated to provide such monthly subsidies at any income level. The act includes a variety of provisions such as prescription drug price reform, a 15% minimum corporate tax rate, investments and tax breaks to reduce carbon emissions, and the extension of tax credits to help more people get health insurance at no out-of-pocket cost, but no mention of $6,400 monthly subsidies.

The claim: Inflation Reduction Act updated, Americans making less than $50,000 to receive $6,400 monthly

A Dec. 5 Facebook video ([Direct link](https://www.facebook.com/permalink.php?story_fbid=pfbid02933k8DCv3dnmnHTZy1V6yrv3hN8pEd3h238jkh2uNnXGh3mskzYEzn8ABxk7in5jl&id=61554310733624), [Archive link](https://archive.org/details/screenshot-2023-12-12-114528)) claimed the Inflation Reduction Act was updated to provide $6,400 monthly subsidies to Americans earning less than $50,000 a year.

Our rating: False

This claim is false. The Inflation Reduction Act, signed into law in 2022, has not been updated to provide monthly subsidies at any income level.

Inflation Reduction Act not offering monthly subsidies

The [Inflation Reduction Act](https://www.congress.gov/bill/117th-congress/house-bill/5376/text) signed by President Joe Biden in 2022, offers no updates for monthly subsidies. Despite [efforts by some Republican lawmakers](https://thehill.com/policy/energy-environment/4057565-clean-energy-sector-debates-impact-of-gop-efforts-to-repeal-tax-credits/) to eliminate the law’s clean energy tax credits and [cut its funding to the IRS](https://thehill.com/business/4019217-gop-attack-on-irs-funding-runs-counter-to-deficit-reduction-effort/), no changes to the law itself have been discussed, according to [John Buhl](https://www.taxpolicycenter.org/author/john-buhl), a spokesperson for the [Tax Policy Center](https://www.taxpolicycenter.org/about).

Despite several rounds of [stimulus checks](https://www.usatoday.com/story/news/politics/2021/03/11/covid-relief-checks-first-round-hit-bank-accounts-weekend/4650923001/) due to the pandemic, the government typically does not distribute cash benefits directly. The claim of a $6,400 monthly subsidy remains unsupported and inaccurate.

The Inflation Reduction Act includes an [extension of tax credits](http://www.usatoday.com/story/news/factcheck/2022/08/24/fact-check-inflation-reduction-act-lower-health-insurance-costs/7873810001/#:~:text=%22The%20post%20is,expanded%20free%20coverage.), but these credits are not the same as the subsidies promised in the Facebook post. There’s no mention of $6,400 monthly subsidies in a [summary of the legislation](https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/15/by-the-numbers-the-inflation-reduction-act/) or any other official government document.

The Facebook post links to [a website](https://archive.ph/m1jqz) that’s not an official U.S. government site. [PolitiFact](https://www.politifact.com/factchecks/2023/dec/08/facebook-posts/scam-alert-us-government-isnt-giving-out-6400-subs/) and [Lead Stories](https://leadstories.com/hoax-alert/2023/03/fact-check-americans-are-not-eligible-for-up-to-6400-dollars-in-health-credits.html?fbclid=IwAR3o1dIgO2DFysS7WJPWPEwadXByBbaXBSYrNNZt74Qa9CUbChXPEA0Nx50) also debunked the claim.

Our fact-check sources:

• [John Buhl](https://www.taxpolicycenter.org/author/john-buhl), Dec. 12, Email exchange
• The Hill, May 25, [GOP attack on IRS funding runs counter to deficit reduction effort](https://thehill.com/business/4019217-gop-attack-on-irs-funding-runs-counter-to-deficit-reduction-effort/)
• The Hill, June 20, [Clean energy sector debates impact of GOP efforts to repeal tax credits](https://thehill.com/policy/energy-environment/4057565-clean-energy-sector-debates-impact-of-gop-efforts-to-repeal-tax-credits/)
• The White House, Aug. 15, 2022, [BY THE NUMBERS: The Inflation Reduction Act](https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/15/by-the-numbers-the-inflation-reduction-act/)

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