08/12/2022 | Press release | Distributed by Public on 08/12/2022 18:26
"Today, I proudly voted to fight inflation, slash my constituents' kitchen table costs, create good-paying jobs, and deliver the largest climate investment in our nation's history," Napolitano said. "The Inflation Reduction Act is an enormous victory for our families and for our planet, making the investments we need to keep down health care costs, bolster American manufacturing, and propel our transition to a clean energy economy. I look forward to President Biden signing this legislation, which will greatly benefit our nation as a whole as well as the planet."
This legislation will bring down costs for hard-working Californians while building a cleaner economic future across the country, taking action to:
The Inflation Reduction Act also honors Democrats' promise: no new taxes on families making $400,000 or less and no new taxes on small businesses. This legislation is fully paid-for by ensuring that large corporations and the ultra-wealthy pay their fair share:
An overwhelming majority of the American public supports the Inflation Reduction Act's key health care, climate and inflation-fighting measures. Data for Progress found that 73 percent of voters back the Inflation Reduction Act, including 95 percent of Democrats, nearly three-quarters of Independents, and more than half of Republicans. This legislation also enjoys broad support from a wide range of advocacy organizations, including the AFL-CIO, Natural Resources Defense Council, League of Conservation Voters, AARP, UnidosUS, Small Business Majority, Protect Our Care and U.S. Conference of Mayors.
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