Groundwork Collaborative Celebrates Inflation Reduction Act Ahead of Biden Speech

August 15, 2023

Groundwork Collaborative Celebrates Inflation Reduction Act Ahead of Biden Speech

Ahead of President Biden’s speech this afternoon commemorating the one-year anniversary of the Inflation Reduction Act (IRA), Groundwork Collaborative’s Chief Economist Dr. Rakeen Mabud marked the occasion with the following statement:

“After 40 years of failed trickle-down economics, the Inflation Reduction Act is a case study for what is possible when we invest in the workers and families who power our economy. Just one year in and the IRA is already delivering jobs and growing wages, pushing down the cost of prescription drugs and energy, and creating a blueprint for a more resilient and sustainable economy.”

Email press@groundworkcollaborative.org to speak with Dr. Rakeen Mabud about the Inflation Reduction Act and its game-changing approach to economic policy.