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ICYMI: NEW JOINT ECONOMIC COMMITTEE ANALYSIS SHOWS THAT REPEALING THE INFLATION REDUCTION ACT WOULD RAISE COSTS

In Case You Missed It — The Joint Economic Committee (JEC) released a new analysis yesterday outlining the consequences of repealing the Inflation Reduction Act, including significant cost increases for families. Last week, House Minority Leader Kevin McCarthy pledged to undo much of President Biden’s agenda if House Republicans took power next year, including repealing the IRA.


Beyer, Schakowsky, Roosevelt’s Ali Bustamante Highlight Joint Economic Committee Analysis On McCarthy Plan To Repeal Inflation Reduction Act

WASHINGTON, D.C. — Today, Chairman of the Joint Economic Committee Don Beyer (D-VA), Congresswoman Jan Schakowsky (D-IL), and Roosevelt Institute economist Alí Bustamante joined a press call hosted by Invest in America to unveil a new Joint Economic Committee analysis on House Minority Leader Kevin McCarthy’s plan to repeal the Inflation Reduction Act. The JEC findings show a devastating cost to American families if McCarthy is allowed to raise prices for health care, prescription drugs, and energy.










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