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…
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…
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…
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…
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…
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…
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: The President’s Budget Cuts the Deficit by $3 Trillion Over 10 Years
President Biden believes that investing in America, growing the economy from the middle out and bottom up, lowering costs for families, and reforming our tax code to reward work and not wealth are economic and fiscal imperatives. Strong and shared growth that benefits all Americans isn’t just good for working families and the economy; it…
