FACT SHEET: How the Inflation Reduction Act Helps Asian American, Native Hawaiian, and Pacific Islander Communities

By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families, including Asian American, Native Hawaiian, and Pacific Islander (AA and NHPI) families. The Inflation Reduction Act lowers prescription drug costs, health care costs, and energy costs. It’s the most aggressive action we have…

Building a Thriving Clean Energy Economy in 2023 and Beyond

Heather Boushey, Chief Economist, Investing in America Cabinet Justina Gallegos, Deputy Director for Industrial Innovation, Office of Science and Technology Policy In 2021 and 2022, President Biden signed into law his Investing in America agenda, a series of strategic public investments in industries critical for the long-run economic growth of the United States. This included…

Neera Tanden Remarks to Press on Medicare Open Enrollment

As Prepared For Delivery: Good afternoon, everyone. Thank you for joining us today. From day one, President Biden and this Administration have vowed to strengthen Medicare. Millions of Americans that have paid into this program from their very first paycheck, and they deserve a health care system that pays it forward. We know health care…

Statement by Deputy Assistant to the President for the Cancer Moonshot Dr. Danielle Carnival on New Report Detailing the Inflation Reduction Act’s Relief for Cancer Patient’s Drug Costs

Today, Deputy Assistant to the President for the Cancer Moonshot Dr. Danielle Carnival issued the following statement on a new report from Patients for Affordable Drugs (P4AD), an independent national patient organization, that projects the Inflation Reduction Act will save Americans who get a brand name cancer drug through Medicare Part D an average of…

The Global Clean Energy Manufacturing Gap

To reach global net zero carbon emissions targets by 2050, the International Energy Agency (IEA) projects that by 2030, the renewable share of power generation must increase from 30 to 60 percent and the share of electric vehicles among global car sales must increase from 6 to 60 percent. To meet these targets, global clean…

Biden-Harris Administration Takes Major Step Forward in Lowering Health Care Costs; Announces Manufacturers Participating in Drug Price Negotiation Program

See President Biden’s video announcing the news HERE: “Today I can announce that the manufacturers of ten drugs are coming to the negotiating table to lower prices. They’re taking steps to participate in the negotiating program so we can give seniors the best possible deal.” Today, the Biden-Harris Administration took another major step towards lower…

Open Funding Opportunities

Since President Biden signed the Inflation Reduction Act into law on August 16, 2022, his Cabinet has hit the ground running to implement billions of dollars in grant and loan programs and other investments for clean energy and climate action. Congress and President Biden designed these programs to benefit working families and parts of the…

FACT SHEET: Biden-Harris Administration Takes Action to Cut Energy Bills, Housing Costs and Climate Pollution

Administration invests over $100 million to renovate homes with zero energy and climate resilient technology Announcement will help advance goal of cutting the cost of decarbonizing housing in half within a decade while lowering energy bills and increasing affordable housing supply Since Day One, the Biden-Harris Administration has advanced the most ambitious climate agenda in…

FACT SHEET: 80% of House Republicans Release Plan Targeting Medicare, Social Security, and the Affordable Care Act, Raising Costs, and Cutting Taxes for the Wealthy

In his State of the Union Less than two weeks ago, President Biden laid out his vision for an economy that gives the middle class a fair shot. He also warned that congressional Republicans “will cut Social Security and give more tax cuts to the wealthy,” that they continue to oppose the Affordable Care Act,…

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