Political Quotes

On the recordAugust 12, 2022
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, the legislation before us today is a big deal for American families and a big deal for our planet. The Inflation Reduction Act will lower healthcare costs and energy costs for American families. It will allow Medicare to negotiate lower prescription drug prices and cap drug costs for seniors, saving many Medicare beneficiaries hundreds, if not thousands, of dollars each year. This legislation finally makes the biggest corporations start paying their fair share in taxes, and it ensures that rich tax cheats start paying what they owe. The Inflation Reduction Act is fiscally responsible, fully paid for, and has been strongly endorsed by top U.S. economists across the political spectrum. Not one American family making less than $400,000 a year will see their Federal tax bill increased by this legislation, not by a penny. The Inflation Reduction Act is also the biggest investment the U.S. Government has ever made to combat climate change. It leapfrogs us ahead of nearly every other country in terms of our commitment to tackling this crisis. Now, we have seen a lot of Republicans spreading misinformation about this legislation, and it is for one reason and one reason only: They are scared. They know the provisions of this bill are overwhelmingly popular, yet because they consider it a Democratic bill, every single one of them will be voting against it.…
Said by
John Yarmuth
Democratic · Kentucky

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