The President’s FY 2025 Budget lays out President Biden’s plan to lower costs for families, invest in America and the American people, uphold the President’s commitment to protecting and strengthening Medicare and Social Security, and reduce the deficit. Alongside major reforms to the individual and corporate tax codes to ensure that the wealthy and big…
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WHAT THEY ARE SAYING: One Year Anniversary of the Inflation Reduction Act
Yesterday, the Biden Administration celebrated the one-year anniversary of the Inflation Reduction Act (IRA) – a key piece of the President’s Bidenomics agenda to grow the economy from the middle out and bottom up – which reduces costs for Americans, invests in America, makes the tax code fairer, and takes the most ambitious climate action…
FACT SHEET: One Year In, President Biden’s Inflation Reduction Act is Driving Historic Climate Action and Investing in America to Create Good Paying Jobs and Reduce Costs
One year ago, on August 16, 2022, President Biden signed the Inflation Reduction Act into law – the largest investment in clean energy and climate action ever. The Inflation Reduction Act is a transformative law that is helping the United States meet its climate goals and strengthen energy security, investing in America to create good-paying…
FACT SHEET: Biden-Harris Administration Continues Driving Climate Investments to Reduce Emissions, Lower Home Energy Costs
Investments come ahead of President Biden’s trip to the Amazon, where he will highlight global climate action and ongoing work to preserve and protect this critical ecosystem When President Biden took office, he pledged to restore America’s climate leadership at home and abroad. Every day since, the Biden-Harris Administration has led and delivered on the…
Building a Thriving Clean Energy Economy in 2023 and Beyond: A Six-Month Update
Heather Boushey, Chief Economist, Investing in America Cabinet Justina Gallegos, Deputy Director for Industrial Innovation, Office of Science and Technology Policy This represents an updated version of the original December 2023 publication here. In 2021 and 2022, President Biden signed into law his Investing in America agenda, a series of strategic public investments in industries…
FACT SHEET: Two Years In, the Inflation Reduction Act is Lowering Costs for Millions of Americans, Tackling the Climate Crisis, and Creating Jobs
Two years ago, President Biden signed the Inflation Reduction Act, with Vice President Harris casting the tie-breaking vote in Congress. The Inflation Reduction Act is a key part of the Biden-Harris Administration’s Investing in America agenda, which has driven the fastest and most equitable recovery on record – creating good-paying jobs, expanding opportunity, and lowering…
WHAT THEY ARE SAYING: Biden-Harris Administration Announces Historic $20 Billion in Awards to Expand Access to Clean Energy and Climate Solutions and Lower Energy Costs for Communities Across the Nation
Yesterday, as part of President Biden’s historic climate agenda, Vice President Kamala Harris and Environmental Protection Agency Administrator Michael Regan announced $20 billion in awards to expand access to clean energy and climate solutions and lower energy costs for communities across the nation. This investment, made possible by President Biden’s Inflation Reduction Act, will stand…
At COP29, Biden-Harris Administration Highlights Actions to Cut U.S. Government Emissions, Lead on Federal Sustainability
Releases first comprehensive measurement of the Federal government’s Scope 3 footprint Baku, Azerbaijan—Today, at the 2024 U.N. Climate Change Conference in Baku, Azerbaijan, also known as COP29, the Biden-Harris Administration announced that the Federal Government is on a pathway to reduce the U.S. government’s “Scope 3” supply chain emissions by 30% by 2030. Today’s announcement…
The 2023 Income, Poverty, and Health Insurance Reports: Strong household income gains, lower official poverty, uninsured rate near record low
This morning the U.S. Census Bureau released its annual reports on poverty, income, and health insurance for 2023. Here are the topline findings: Today’s report contains a clear policy message: income, poverty, and health insurance outcomes are driven not just by market outcomes, but by policy choices as well. The Affordable Care Act (ACA), along…
FACT SHEET: The President’s Budget Lowers Costs for the American People
President Biden is fighting to lower costs for American families and has made lowering costs his top domestic priority. From the first days of the Administration, the President has moved swiftly to deliver results for the American people and grow the economy from the middle out and bottom up. Since the President took office, the…
