Inflation Reduction Act

President Joe Biden’s landmark Inflation Reduction Act makes historic investments in America’s middle class by creating new, good-paying jobs; accelerating the transition to a clean energy economy, including through electric vehicle (EV) tax credits and rebates; and lowering the cost of utilities, health care coverage, and prescription drugs. Moreover, the law takes on entrenched special interests like Big Oil and Big Pharma and makes multibillion dollar corporations finally pay their fair share in taxes.

Center for American Progress

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The Inflation Reduction Act Lives Up to Its Name Testimony

The Inflation Reduction Act Lives Up to Its Name

Trevor Higgins, senior vice president of the Energy and Environment department at the Center for American Progress, filed written testimony before the U.S. House Budget Committee at a hearing on energy costs titled “The Cost of the Biden-Harris Energy Crisis.”

Trevor Higgins

Clean Energy Investments Are Boosting the U.S. Economy Testimony

Clean Energy Investments Are Boosting the U.S. Economy

Trevor Higgins, senior vice president of the Energy and Environment department at the Center for American Progress, filed written testimony before the U.S. House Committee on Energy and Commerce’s Subcommittee on Energy, Climate, and Grid Security; the testimony occurred at a hearing on energy costs titled “From Gas to Groceries: Americans Pay the Price of the Biden-Harris Energy Agenda.”

Trevor Higgins

A Holistic Approach to Environmental Justice Video

A Holistic Approach to Environmental Justice

The Friendship House Association of American Indians is using Inflation Reduction Act funds to support the building of Village SF, an inter-Tribal community project that will help the more than 18,000 Indigenous peoples in the San Francisco Bay Area reconnect with nature, their culture, and their community.

How Project 2025 Threatens the Inflation Reduction Act’s Thriving Clean Energy Economy Report
Photo shows two workers wearing protective gear installing a couple solar panels on a sunny rooftop

How Project 2025 Threatens the Inflation Reduction Act’s Thriving Clean Energy Economy

As the two-year anniversary of the Inflation Reduction Act is commemorated, the Biden-Harris administration's historic climate action offers much to celebrate, having secured unprecedented clean energy advancements and substantial gains against climate change—but Project 2025 has the potential to reverse this pivotal progress and derail the nation's clean energy transition.

Organized Labor Is Uncovering the Truth About Offshore Wind in Rhode Island Video

Organized Labor Is Uncovering the Truth About Offshore Wind in Rhode Island

On the front lines of the clean energy transition, Rhode Island’s offshore wind developments and union workforce are disproving misinformation spread by the fossil fuel industry and showcasing the benefits of federal climate investments for local communities and economies.

Historic Investments in Electric Vehicle Batteries and Chargers are Expanding Opportunities in Communities with High Poverty Rates Article
An electric car is plugged into a charging station with a palm tree in the background.

Historic Investments in Electric Vehicle Batteries and Chargers are Expanding Opportunities in Communities with High Poverty Rates

Since the passage of the Inflation Reduction Act, communities with higher poverty rates and lower median incomes have seen a surge of investment in manufacturing EV batteries and charging equipment.

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