The Inflation Reduction Act (IRA) was signed into law a year ago this week. It is widely seen as the crown jewel of the “industrial policy” agenda of the Biden administration.
Three laws passed in 2022—the CHIPs and Science Act, the Infrastructure Investment and Jobs Act (IIJA), and the Inflation Reduction Act (IRA)—are often said to signal that the Biden administr...
The transition to a U.S. economy that emits far fewer greenhouse gases (GHGs) has clearly begun. Growth in GHG emissions and growth in gross domestic product (GDP) have been “decoupling” for ...
https://www.epi.org/publication/climate-change-full-employment/
In recent months, a number of policymakers have cited inflation concerns as the source of their opposition to budget reconciliation proposals that would raise taxes progressively and boost federa...
https://www.epi.org/blog/inflation-is-no-excuse-for-inaction-on-needed-tax-reforms-and-investments/
The mismanaged integration of the United States into the global economy has devastated U.S. manufacturing workers and their communities. Globalization of our economy, driven by unfair trade, fail...
https://www.epi.org/publication/botched-policy-responses-to-globalization/
The Biden administration released the president’s budget today—a proposal for tax and spending policies they would like to see become law over the next year.
https://www.epi.org/blog/president-bidens-budget-shows-what-true-fiscal-responsibility-means/
In the first 100 days, the Biden-Harris administration has taken a number of promising steps toward crafting an economic policy approach that would boost living standards and security for all U.S...
This report examines the economic output and employment implications of a two-pronged strategy for rebuilding the domestic economy around high-wage jobs and restoring American manufacturing.
Most tax and budget plans proposed in Washington policymaking circles prioritize deficit reduction over almost everything else. Our plan’s first priorities are to halt decades of rising inequal...
https://www.epi.org/publication/epis-model-federal-budget-and-tax-plan/
A key dividing line between competing proposals to address climate change is the role of publicly financed and directed A recent open letter about policies that should be enacted to slow climate ...