Public Resource
Inflation Reduction Act Repeal Harms State Economies, Raises Consumer Costs
Across all 48 contiguous U.S. states, IRA repeal would create significant economic damage, including lost jobs, lost GDP, and higher consumer costs. This analysis finds IRA repeal will: increase cumulative household energy costs by $32 billion from 2025-2035; cost America nearly 790,000 jobs in 2030 and more than 700,000 jobs in 2035; decrease GDP more than $160 billion in 2030 and nearly $190 billion in 2035; and increase climate pollution more than 530 million metric tons of carbon dioxide equivalent in 2035, equal to adding 116 million cars to the road. Texas, California, Pennsylvania, Florida, and Georgia stand out as the biggest losers from IRA repeal due to their poor combination of lost jobs and increased household energy costs. To download a specific state’s fact sheet, click that state’s name on this resource’s map.