.@POTUS just signed into law Democrats’ #InflationReductionAct.
This historic legislation will lower kitchen table costs, create good-paying jobs, deliver the most significant action on climate in history while reducing the deficit.
Here’s what it means for you:
This historic legislation will lower kitchen table costs, create good-paying jobs, deliver the most significant action on climate in history while reducing the deficit.
Here’s what it means for you:
If you’re a senior: the #InflationReductionAct slashes your prescription drug costs.
By empowering Medicare to negotiate drug prices, preventing excessive price hikes faster than inflation and capping out-of-pocket costs to $2,000 per year, you'll keep more money in your pocket.
By empowering Medicare to negotiate drug prices, preventing excessive price hikes faster than inflation and capping out-of-pocket costs to $2,000 per year, you'll keep more money in your pocket.
If you’re one of the 13 million working Americans with an affordable plan under the ACA: The #InflationReductionAct will keep saving you an average of $800/year.
This new law locks in lower health care premiums, so you’ll be able to keep your coverage and save on health costs.
This new law locks in lower health care premiums, so you’ll be able to keep your coverage and save on health costs.
The #InflationReductionAct delivers the biggest, boldest climate action in history.
This law will save families’ up to $1000/year on energy bills and bolster America’s energy independence — all while slashing carbon pollution by roughly 40 percent by 2030.
This law will save families’ up to $1000/year on energy bills and bolster America’s energy independence — all while slashing carbon pollution by roughly 40 percent by 2030.
Meanwhile, the #InflationReductionAct helps fight inflation for families in the long-term.
Making an historic investment in paying down the deficit by $300 billion this decade and $2 trillion over two decades will help cool inflation for years to come.
Making an historic investment in paying down the deficit by $300 billion this decade and $2 trillion over two decades will help cool inflation for years to come.
Make no mistake: the #InflationReductionAct is fully paid for by ensuring the wealthiest few and biggest corporations pay their fair share.
And there are no new taxes on families making $400,000 or less or on small businesses.
And there are no new taxes on families making $400,000 or less or on small businesses.
This package is a powerful force to fight inflation.
According to leading economists, it “will fight inflation and lower costs for American families while setting the stage for strong, stable, and broadly-shared long-term economic growth.”speaker.gov/newsroom/8222-4
According to leading economists, it “will fight inflation and lower costs for American families while setting the stage for strong, stable, and broadly-shared long-term economic growth.”speaker.gov/newsroom/8222-4
The Inflation Reduction Act delivers a resounding victory for America’s families and for our planet. Sadly, not a single Republican voted for this deeply needed new law.
But with President Biden’s signature, Democrats have once again put #PeopleOverPolitics.
But with President Biden’s signature, Democrats have once again put #PeopleOverPolitics.
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