GOP’s Nightmare Week Worsens As Inflation Discount Act Heads To Biden’s Desk

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Each single Home Democrat voted for the Inflation Discount Act, which now heads to President Biden for his signature.

The ultimate vote:

Speaker Pelosi wrote after passage in a letter to her colleagues:

At the moment is a day of extraordinary progress for America’s households, as we ship to President Biden the Inflation Discount Act to be signed into regulation.  Thanks to all of our Members for the unity, optimism and persistence you’ve got dropped at this combat.  This historic achievement wouldn’t have been attainable with out the management of Home Democrats, who laid the inspiration for lots of the life-saving and life-changing provisions on this invoice.

Here’s what passage of this landmark laws means to your constituents:

  • For our seniors: this laws will decrease out-of-pocket prices for pharmaceuticals, bringing costs down and capping drug prices at $2,000 per 12 months.
  • For our working households: this laws will lock in decrease premiums below the Reasonably priced Care Act, saving 13 million households a median of $800 a 12 months.
  • For our youngsters: this laws powers our transition to a clear power future and fights the local weather disaster, with clear air and clear water at the moment and saving the planet for generations to come back.
  • For our future: this laws invests in lowering the deficit by practically $2 trillion over 20 years, driving down inflation within the long-term.

As Republicans are watching the chief of their social gathering get investigated for espionage, Democrats are passing historic laws that might actually assist to save lots of the planet, whereas reducing the price of pharmaceuticals and healthcare.

It has been a nightmare week for Republicans that with one Home vote obtained even worse, because the Democratic victories hold piling up.



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