Office of Rep. Marilyn Strickland press release.
Congresswoman Marilyn Strickland (WA-10), a founding member of the New Democrat Coalition’s Inflation Working Group, voted today to pass the Inflation Reduction Act. The bill lowers costs for South Sound families, combats the climate crisis, reduces the deficit, and ensures that the largest corporations pay their fair share in taxes.
“Across the South Sound, families have struggled to put food on the table, fill up their gas tank, and make payments for basic living expenses due to rising costs,” said Strickland. “The Inflation Reduction Act lowers costs across the board, from prescription drugs to transit to the climate crisis and much more. I look forward to this bill becoming law and providing needed relief for South Sound families. ”
The Inflation Reduction Act will:
- Lower energy costs by hundreds of dollars per year for families.
- Lower prescription drug costs and caps Medicare beneficiaries’ yearly out-of-pocket expenses at $2,000.
- Save Americans an average of about $800 per year on their health care premiums.
- Empower the Department of Health and Human Services to negotiate prescription drug prices for high-priced drugs in Medicare.
- Require drug manufacturers to pay a rebate to Medicare if they increase their prices faster than the rate of inflation.
- Provide $3 billion for the Neighborhood Access and Equity Grant Program, an effort Rep. Strickland helped lead to better support disadvantaged communities.
- Improve access to vaccines and biosimilars and increase support for low-income beneficiaries.
- Offer a tax credit of up to $7,500 for qualified electric vehicles.
- Create 9 million jobs by investing in clean energy, energy efficiency, and clean manufacturing.
- Boost the tax credit for installing energy-efficient products.
- Support a fairer tax code by holding large corporations and the uber-wealthy accountable to pay their share.
- Fight inflation through deficit reduction.
According to 126 leading economists – including seven Nobel Prize winners, three former chairs of the Council of Economic Advisers, and two former Treasury Secretaries – the Inflation Reduction Act “will fight inflation and lower costs for American families while setting the stage for strong, stable, and broadly-shared long-term economic growth. You can read the full text of the bill here.
Brian Borgelt says
If our representatives had any real courage, they would target the likes of those who have spun up the World Economic Forum, you know, the tiny minority of us who hold and control the bulk of the world’s wealth.
International bankers, tech giants, foreign governments, and criminal cartels are funding progressive candidates to grind us against each other, while they sprint to dismantle American sovereignty.
George Soros overtly buys elections for the puppets who will carry out this mission.
Some clown named Klaus Schwab boldly says that when they are finished with us, we will own nothing.
This cabal states that our God-given rights must give way to a collective that they control.
Of course They have been trying to kill God off for some time with lies and revisionist history.
After the 100,000,000+ genocidal murders of non-combatant civilians in the 20th century, all by secular regimes, I’m gonna stick with God and the freedoms he offers.
Our politicians are addicted to borrowed money from DC, to buy favor, only adding to the debt we will have to pay back, robbing us of freedom and opportunity.
How far did those “free” covid checks get you? The debt remains.
We are literally fighting for the life of our free nation.
We need better leadership which values that over being popular.
After all, how can you speak of deficit reduction immediately after passing a massive spending bill?
T says
Well said Brian, I couldn’t agree more! We need to dredge this swamp on the local and federal level and put politicians who stand for what our forefathers stood for.