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UFCW Statement on Inflation Reduction Act of 2022 Being Signed Into Law

August 16, 2022 Updated: August 17, 2022

WASHINGTON, DC - AUGUST 16: U.S. President Joe Biden (C) signs The Inflation Reduction Act with Senate Majority Leader Charles Schumer (D-NY) (L) and House Majority Whip James Clyburn (D-SC) in the State Dining Room of the White House August 16, 2022 in Washington, DC. The $737 billion bill focuses on climate change, lower health care costs and creating clean energy jobs by enacting a 15% corporate minimum tax, a 1-percent fee on stock buybacks and enhancing IRS enforcement. (Photo by Drew Angerer/Getty Images)

President Biden Signs Momentous Bill That Prioritizes Needs of UFCW’s Essential Workers

WASHINGTON, DC – Today, the United Food and Commercial Workers International Union (UFCW), which represents 1.3 million workers in grocery stores, meatpacking plants, and other essential industries across North America, released the following statement celebrating President Biden signing the Inflation Reduction Act of 2022 into law.

UFCW International President Marc Perrone released the following statement:

“Today, as the Inflation Reduction Act of 2022 becomes law, President Biden and Congressional Democrats have finally delivered the action that UFCW’s essential workers and their families have been calling for since the beginning of this Administration.

“The Inflation Reduction Act puts the needs of America’s working families, including every member of UFCW, front and center. This law will put more money back in their pockets by bringing energy prices down and lowering prescription drug costs, will finally ensure the wealthiest corporations begin to pay their fair share, and will protect our members who are disproportionately impacted by the climate crisis by making historic investments to tackle it.

“This law is a massive win for UFCW’s tireless essential workers and every single American family.”


The UFCW is the largest private sector union in the United States. UFCW International represents 1.3 million professionals and their families in healthcare, grocery stores, meatpacking, food processing, retail shops and other industries. Our members serve our communities in all 50 states, Canada and Puerto Rico. Learn more about the UFCW at ufcw.org.

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