Jump to content

790,000 Jobs, $160 Billion GDP: Shocking Costs of Inflation Reduction Act Repeal EXCERPT: "If the I


Recommended Posts

Posted

790,000 Jobs, $160 Billion GDP: Shocking Costs of Inflation Reduction Act Repeal

EXCERPT: "If the IRA is repealed by Congress, in 2030 our economy would lose nearly 790,000 jobs and $160 billion in GDP. Between 2025 and 2035, American households would be forced to pay $32 billion in higher cumulative household energy bills. In 2035, we’d lose $190 billion from national GDP.

These economic damages would be a result of companies cancelling announced factories and expected private investment drying up as the federal government signals to corporations that America’s clean energy economy is no longer open for business. As fewer clean energy manufacturing facilities are built, construction activity dries up, costing jobs and cutting income across the board."

[790,000 Jobs, $160 Billion GDP: Shocking Costs of Inflation Reduction Act Repeal](https://www.forbes.com/sites/energyinnovation/2025/03/23/790000-jobs-160-billion-gdp-the-steep-cost-of-inflation-reduction-act-repeal/)

 

https://www.reddit.com/r/economicCollapse/s/SbeYrHZX3U

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...