Madam Speaker, today is the day that we deliver on many of our promises to the American people. We are going to lower the cost of healthcare for millions of Americans. We are going to invest in American energy independence and reduce carbon emissions. We are going to do this in a responsible way, as we reduce the deficit in the process. The Inflation Reduction Act takes historic strides to make healthcare more affordable by capping the cost of insulin at $35 a month for those on Medicare. Capping out-of-pocket drug costs for our Nation's seniors at $2,000 a year, and empowering Medicare to negotiate drug prices for our seniors. We also extend the ACA tax credit, ensuring that we continue along the path of these historic rates of uninsured in our Nation. We are going to make the largest investment in clean energy in our Nation's history, reduce carbon emissions by 40 percent this decade, and invest in biofuels infrastructure for Minnesota's family farmers. Madam Speaker, I say to my colleagues, today, the will of our constituents will prevail over special interests--at least on this side of the aisle. Madam Speaker, this legislation will make a real difference in reducing costs for working families. I am proud to support it, and I encourage my colleagues to do the same.
On the recordAugust 12, 2022
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