Tag: Inflation Reduction Act

Majority of U.S. Democratic Senators Back UAW Calling for Just Transition to EVs in Big Three Contract Talks

WASHINGTON, D.C. — A majority of U.S. Democratic Senators are calling on the Big Three automakers to support a just transition to electric vehicles (EVs) in their ongoing contract talks with the UAW. In a letter released today, the Senators said, “Profits should translate to gains for workers. It is unacceptable that in the midst of extreme financial gains for the companies, executives, and investors, the workers making the electric vehicle batteries that will enable a transition to clean energy vehicles are making poverty-level wages. Before the expiration of UAW’s contract, we urge you to announce that all electric vehicle ... Read more

Good Jobs First – Power Outrage: Will Heavily Subsidized Battery Factories Generate Substandard Jobs?

Under a provision of the Inflation Reduction Act, some factories making batteries for electric vehicles will each receive more than a billion dollars per year from the U.S. government, with no requirement to pay good wages to production workers. Thanks to the Advanced Manufacturing Production Credit, also called 45X for its section in the Internal Revenue Code, battery companies will receive tax credits that they can use, sell, or cash out. The 45X program alone will cost taxpayers over $200 billion in the next decade, far more than the $31 billion estimated by Congress’s Joint Committee on Taxation. On top ... Read more

Celebrate the collective energy of working men and women

UAW Family, As we celebrate the important contributions of union workers this Labor Day, I am reflecting on the vitality displayed by our members and the energy of the labor movement this past year. I am reminded of how the unified voice of labor continues to make powerful differences in our communities. It is a collective energy that is evident on picket lines, in organizing drives and in the solidarity and persistence that makes a real impact whether it is dealing with the lingering effects of COVID-19, reimagining work in an era of new technology or reminding elected officials how ... Read more

Statement from UAW President Ray Curry on House passage of Inflation Reduction Act of 2022

Today’s historic vote in the House of Representatives comes on the heels of the Senate’s passage last Sunday. The UAW commends President Joe Biden, House Speaker Nancy Pelosi, and Senate Majority Leader Chuck Schumer for their leadership and perseverance throughout this lengthy process as it could not have happened without them. We are thankful to all members of Congress who voted in favor of this historic legislation. Passage of the Inflation Reduction Act is, in no small part, the result of years of hard work and persistence by our members in both Washington, D.C. and their home districts. Any union ... Read more

UAW Statement in Support of Inflation Reduction Act

The Inflation Reduction Act of 2022 is an important bill for our country and working families. It makes critical investments in U.S manufacturing to help ensure new vehicles and emerging technologies and are built in America for decades to come, lowers the costs of life-saving drugs and health care insurance, tackles climate change in a meaningful way, and reduces the deficit. The Inflation Reduction Act puts the interests of working families and retirees before the ultra-wealthy and Wall Street. It is paid for entirely by giving IRS tools to go after wealthy tax cheats and ending outrageous tax loopholes that ... Read more