The U.S. House of Representatives today passed the Inflation Reduction Act, a budget reconciliation bill that includes $369 billion in energy and climate investments and will create an estimated 9 million jobs over 10 years. Additionally, the bill will reduce emissions by 40% by 2030, support economic and racial justice programs, and create good-paying, union jobs across the nation. With today’s vote, the bill will be sent to the president’s desk to be signed into law.
Following the vote, the BlueGreen Alliance released a statement from Executive Director Jason Walsh:
“Today’s vote is nothing less than historic. This transformative bill positions our nation to create good-paying union jobs while driving down the emissions causing climate change.
“The BlueGreen Alliance was founded on the principle that we do not have to choose between good jobs and a clean environment, we can and must have both. This bill embodies that principle and we thank those in Congress who have fought for its passage and for a brighter, more prosperous future.”