Lowering Energy Costs and Creating Economic Opportunities Through the Inflation Reduction Act. By signing the Inflation Reduction Act, President Biden is delivering on his promise to build an economy that works for working families, including Black families. The Biden-Harris Administration’s vital policies and programs include: The President’s economic agenda has led to historically low unemployment, including among Black Americans. From increasing access to homeownership and rooting our discrimination in the housing market to promoting entrepreneurship, from reducing child poverty to historic lows to expanding access to quality affordable healthcare, from advancing voting rights and police accountability to ensuring equal access to a good education, the Biden-Harris Administration is ensuring that all African American families and communities can live with dignity, safety, and respect and enjoy true equal opportunity.Įconomic Opportunity for Black Families and Communities. By signing into law the historic American Rescue Plan (ARP), Bipartisan Infrastructure Law, and Inflation Reduction Act (IRA), and implementing robust regulatory reform, President Biden has led the most equitable economic recovery on record, creating more than 12 million jobs since coming to office and helping create new economic opportunities for African Americans, including Black-owned businesses, and made long overdue investments in Black communities. Over the past two years, President Biden has worked to advance racial equity and ensure the promise of America for Black Americans and all communities across the country. Get Involved Show submenu for “Get Involved””. 
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