Trump’s budget would slash 830,000 jobs and raise energy costs by more than $16 billion

President Joe Biden’s Inflation Reduction Act (IRA) bill was a landmark move for the economy. One year after it was signed into law, it had already created more than 170,600 clean energy jobs and spurred private companies to announce at least 210 major new clean energy and clean vehicle projects across 39 states, representing more than $86 billion in investments.

Now the House Republicans’ reconciliation bill is poised to also have a drastic impact on the economy and clean energy landscape, but by gutting the IRA’s gains.