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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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La Crosse Tribune

Center

Do not repeal Inflation Reduction Act - Colleen Gnabasik

The Inflation Reduction Act signed into law by Joe Biden in 2022 must not be repealed as President Donald Trump proposes. This important law, especially the clean energy and tax credit portion, makes a real difference to business and everyday…

2 days ago

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CBC News

Lean Left

FIRST PERSON | The tariff war threatens my parents' auto jobs. As a new voter, I worry about my future job security

Harman Banga’s parents moved from India 20 years ago and made Canada their home. Now, she wonders if that immigrant dream is slipping away from her.

2 days ago·Canada

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Hanna Newspapers

Center

The Wall Street Journal: Republicans for green new deal

An iron law of entitlements is they become harder to reform as they grow. The Inflation Reduction Act’s green handouts are proving to be another regrettable case in point.

2 days ago

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Forbes

Center

130,000 Auto Jobs Lost By 2030: Repealing The Inflation Reduction Act

The Inflation Reduction Act spurs clean tech investment, creating 406,000 jobs. Repealing it could cost 130,000 auto jobs, risking U.S. competitiveness in EVs.

3 days ago·United States

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kalkinemedia.com

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 …

2 days ago

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Equitable Growth

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…

3 days ago

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