Recover, Rebuild, Reform: Stories of Americans Affected by the American Rescue Plan, the Infrastructure Investment and Jobs Act, and the Inflation Reduction Act
This CAP Action collection features stories from people in Arizona, Georgia, Nevada, and New Hampshire whose lives have been improved by the legislation passed during the Biden administration’s first two years.
Effective Inflation Control Requires Supply-Side Policy
Fed inflation policy, which relies on demand reduction, needs to be augmented by supply-side actions; otherwise, there will be avoidable losses in output and employment.
Wages and Employment Do Not Have To Decline To Bring Down Inflation
To lower inflation, policymakers must continue using fiscal policy to focus support to struggling households, improve the economy’s productive capacity, create more resilient supply chains, and limit the profiteering of corporations.
Canceling at Least $10,000 of Student Loan Debt Will Help Lower the Cost of Living
Canceling student loans offers targeted relief crucial to helping households improve their financial security—it is not a decisive factor in battling inflation.
How the Inflation Reduction Act Will Drive Global Climate Action
The Inflation Reduction Act puts the United States on track to meeting its Paris Agreement commitment and to reclaiming the mantle of global climate leadership.
The recently passed Inflation Reduction Act will fight inflation; bring down the skyrocketing cost of prescription drugs; cut health care costs; make historic investments to tackle climate change; and significantly cut the deficit.
5 Major Benefits of the Inflation Reduction Act’s Climate Investments
The Inflation Reduction Act’s $369 billion in climate investments won’t just tackle climate change; they will save families money, create millions of good jobs, and reduce pollution over the next decade.
The Inflation Reduction Act Would Only Raise Taxes From Wall Street and Big Corporations
Contrary to critics’ claims, the Inflation Reduction Act would only increase taxes for large corporations and the wealthy while providing meaningful benefits for middle-income families across the country.
