Political Quotes

“on the IRA anniversary--when we passed the Inflation Reduction Act last year, I said here on the floor that it would endure as one of the defining legislative feats of the 21st century. Just 1 year later, the IRA is paying huge dividends for the American people, for our economy, and for our environment. The Republicans claimed the IRA would make inflation worse. One of our Republican colleagues claimed the IRA would cut jobs and fuel inflation. But since we passed the IRA, inflation has gone not up but down. We are lowering costs day by day for the American people with the passage of this legislation. Inflation is now half of what it was a few years ago. Across the board, costs are coming down for the American family. For the first time ever, we made it possible for Medicare to negotiate the price of prescription drugs, helping Americans save at the pharmacy. Because of the IRA, vaccines are free for Medicare beneficiaries, and a cap on out-of-pocket drug spending--no senior will have to pay more than $2,000 a year for drugs--is coming very soon. What a relief for people, lowering costs on one of the things that bothered them the most--the high cost of prescription drugs. That is what we Democrats are doing, while over there in the House, the Republicans are just racing to the bottom. We also capped the price of insulin for seniors on Medicare to $35 a month, spurring major companies like Eli Lilly and Novo Nordisk to follow suit.…”