Data for Progress Inflation Reduction Act Resource Guide

Table of Contents:

Overall Support | Climate and Energy Components | Health Care Components | Paying for the IRA | Support in Key States

Overall Support:

  • 73% of voters support the Inflation Reduction Act. The bill enjoys support from an overwhelming majority of Democrats (95%), nearly three-quarters of Independents (74%), and over half of Republicans (52%).

 

 

Climate and Energy Components: 

  • 79% of voters support the Inflation Reduction Act’s investments in sustainable agriculture.

  • 73% of voters support the Inflation Reduction Act’s provisions to ramp up production of American-made clean energy

  • 73% of voters support the Inflation Reduction Act’s penalties for oil and gas companies that are found to have pumped excess methane gas pollution into the air. 

  • 80% of voters support the Inflation Reduction Act’s standards to ensure that businesses receiving government clean energy tax credits pay their workers a fair wage and make their goods in America

  • Support for key climate provisions of the Inflation Reduction Act increased from November 2022 to July 2023, with the largest jump in support coming from Republican voters.

  • Data for Progress finds that the spending contained in the Inflation Reduction Act provisions, together with the private investment that it would incentivize and support, would be responsible for an average of around 1 million jobs created or preserved from 2023 to 2032, and would contribute approximately $1.7 trillion to the U.S. GDP over the same period.

Health Care Components:

  • 87% of voters support ensuring that all people with Medicare pay nothing out-of-pocket for key vaccines.

  • 85% of voters support lowering prescription drug costs by allowing Medicare to negotiate drug prices with pharmaceutical companies.

  • 79% of voters across party lines support keeping the $35 per month cap on insulin.

  • 71% of voters support capping out-of-pocket costs for prescription drugs at $2,000.

  • 54% of voters would be less likely to vote for a candidate who wants to repeal the $35 per month cap on insulin. This includes 64% of Democrats, 57% of Independents, and 42% of Republicans.

 
 

 

Key Provisions Paying for the Inflation Reduction Act:

  • 68% of voters support raising the corporate tax to 15% for corporations making over $1 billion annually to pay for the Inflation Reduction Act.

  • 59% of voters support funding the Internal Revenue Service so they can better enforce tax laws on multimillionaires, billionaires, and large corporations to pay for the Inflation Reduction Act.

  • 56% of voters support creating a 1% tax on corporations that buy back their own stocks to pay for the Inflation Reduction Act.

 

Support in Key States:

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