The Inflation Reduction Act (IRA), signed by President Joe Biden a year ago, has been a significant catalyst for job creation and investment in clean energy, with over 170,600 jobs created and more than $86 billion invested across 39 states in electric vehicle and clean energy projects. However, the recently passed House GOP reconciliation bill threatens to undermine these gains, with concerns that it may result in a loss of over 830,000 jobs by 2030 and increased costs for American households. Experts highlight that this legislation favors billionaires while harming working families.
One year after the Inflation Reduction Act (IRA) was signed into law, it created over 170,600 clean energy jobs and stimulated $86 billion in investments.
House Republicans' reconciliation bill could erase the achievements of the IRA, potentially costing the U.S. over 830,000 jobs by 2030.
#inflation-reduction-act #clean-energy-jobs #republican-reconciliation-bill #economic-impact #bipartisan-politics
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