130,000 Auto Jobs Lost By 2030: Repealing The Inflation Reduction Act
- President Trump plans to repeal the Inflation Reduction Act , enacted in 2022.
- The Trump administration intends to rescind all unspent funds allocated within the Inflation Reduction Act.
- The IRA allocates nearly $400 billion towards investments in clean technologies across the United States.
- An ICCT study suggests that repealing the IRA could put almost 130,000 direct auto jobs at risk by 2030.
- Rolling back the IRA could create uncertainty, potentially causing companies to reconsider their EV investments.
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6 Articles
The Inflation Reduction Act's Future in Trump's Second Term
SACRAMENTO, CA, UNITED STATES, April 2, 2025 /EINPresswire.com/ -- This press release provides a comprehensive and politically neutral overview of the prospects of the Inflation Reduction Act in President Trump's second term. It highlights the key aspects of the IRA, President Trump's stance, bipartisan support, challenges, and the potential economic and environmental implications. As President Donald Trump begins his second term, the future of …
Request for Proposals: The economic effects of the Inflation Reduction Act
Overview The Washington Center for Equitable Growth seeks to deepen our understanding of how inequality affects economic growth and stability. Through our grantmaking, we aim to support research that will generate actionable insights for policymakers. We are currently requesting proposals for research that will equip scholars and policymakers with evidence-based insights on how the Inflation Reduction Act’s policy design, coordination, and impl…
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