08/16/2024 | Press release | Distributed by Public on 08/16/2024 08:50
Washington, D.C.- Today marks the second anniversary of the enactment of the Inflation Reduction Act, a sweeping law that promises historic long-term investments in the fight against climate change and make life more affordable for Americans. Championed by the U.S. Conference of Mayors (USCM), the law is working to help lower health care and energy costs, and create good-paying jobs. To commemorate the enactment, USCM President Columbus Mayor Andrew Ginther issued the following statement:
"The IRA is a testament to what can be accomplished when federal leaders prioritize solutions to the major challenges facing American cities and the people who call them home. This law marks a turning point in our fight against climate change, and since its passage the rate of inflation in this country has plummeted. American mayors were strong supporters of the legislation, and in the two years since its enactment, mayors and cities have worked with the administration to implement the law and direct resources to build cleaner, more sustainable communities. We thank President Biden, his administration and the congressional leaders who worked to make this law a reality.
"The IRA targeted many of the costs that have been painful for families like drug prices and energy bills. Above all, this law will be remembered for its momentous effort to tackle climate change. As mayors, we see the impact of extreme weather events on our cities every day. The IRA allows for critical investments that help us combat the effects of climate change and make the transition to a clean energy future. Mayors are always ready to work with federal partners and across the aisle to make a lasting difference in our cities, and we remain committed to implementing this landmark law in the years to come."