Remarks by President Biden on the Inflation Reduction Act and Bidenomics | Milwaukee, WI

Jill and I will travel to Maui on Monday, August 21 to meet with first responders, survivors, and federal, state, and local officials. I remain committed to delivering everything the people of Hawai’i need as they recover from this disaster.

One year of aggressive action on climate and clean energy thanks to the Inflation Reduction Act.

Our Southwest visit was defined by bold conservation action, investments in our veterans, and bringing manufacturing home where it belongs.

Using my authority under the Antiquities Act to protect nearly a million acres of public lands around Grand Canyon National Park will help right the wrongs of the past and conserve this land of ancestral footprints for all future generations.

All over the country semiconductor companies are investing a record hundreds of billions of dollars to bring chips production back home – to Ohio, New York, Arizona. And right here in New Mexico.

We have more to do, but inflation is down to just over 3 percent. That’s near its lowest point in over 2 years.

How many times have lawmakers in Washington promised that they’d give Medicare the power to negotiate for lower drug prices? We got it done

For years, student loan borrowers haven't received forgiveness under their Income-Driven Repayment plans despite making payments for over 20 years. I'm determined to fix it. Today, thanks to my Administration's actions, 804,000 borrowers will start to see their debt cancelled.

When I think climate, I think jobs. In a year, the private sector has announced $110 billion in clean energy manufacturing investments, and developers have planned clean electricity projects worth $122 billion. That's the Inflation Reduction Act at work.