For decades, the status quo has allowed the rich to get ahead. “Trickle-down” policies worked for those at the top, but left everyone else behind.

One year ago, we started to change this when President Biden signed the Inflation Reduction Act (IRA) into law. 

The IRA lowered health care costs for working families, invested billions into clean energy projects and conservation efforts, and made sure the biggest corporations paid their fair share. You can read more about its accomplishments in the email we forwarded below.

Michael wrote part of this law — and fought hard to make sure it passed despite Republican obstruction. 

Michael made sure the bill capped the out-of-pocket cost of insulin for seniors at $35/month, that it included funding for wildfire prevention, and that it would help create tens of thousands of new clean energy jobs.

We need leaders like Michael fighting for our working families in Congress. Will you chip in now to make sure Michael can help elect and re-elect Democrats around the country so we can continue to build on this progress?

We can’t hold the Senate or take back the House without fighting for these critical seats — and you can help Michael do exactly that right now. 

Thank you!

— Team Bennet

---------- Forwarded message ---------
From: Team Bennet <[email protected]>
Date: Wed, Aug 9, 2023 at 10:32 AM
Subject: Shaking up the status quo

Friend –

This month marks an exciting milestone: it’s officially been one year since the Inflation Reduction Act (IRA) became law.

The IRA replaced forty years of failed, trickle-down economics with policies that actually help working families. It was a loss for corporate special interests and a victory for folks in Colorado and across the country.

Michael fought hard to make sure that the IRA passed through the Senate — despite efforts from Mitch McConnell and the Republican party to block it. 

By chipping in now, you can help Michael elect Democrats across the country to keep fighting for us and pushing back against Republican obstruction.

A year later, we’re already seeing the benefits of the Inflation Reduction Act. Here’s how the IRA has been helping Colorado families:

Lowering prescription drug and healthcare costs: Americans are often forced to choose between affording life-saving medication and putting food on the table — like Julia from Denver, whose dad was forced to spend $72,000 a year on medication for his heart condition. The IRA helped lower prescription drug costs. Under this law, Medicare is required to negotiate lower drug costs, and prescription drug costs are capped for seniors at $2,000 a year.

Making the economy work for everyone: The IRA ensures that the biggest corporations making over $1 billion in profit a year pay their fair share. Michael helped write this part of the law — because Colorado teachers, firefighters, and law enforcement officials shouldn’t be paying more in taxes than billion-dollar corporations.

Investing in climate action and clean energy: The IRA set aside billions of dollars to help confront climate change and invest in clean energy. It will help address the 1,200 year drought we face in the West, restore the health of our forests, and prevent wildfires from threatening our communities. We're already seeing clean energy companies expand their operations and create thousands of jobs in our state. Altogether, this historic law has put the United States on track to reduce emissions by 40% by 2030.

For too long, the status quo in the United States has allowed giant corporations and special interests to get ahead, while our communities are left behind. The Inflation Reduction Act is helping change that.

Michael’s hard work ensured that the IRA became law and it's now bringing home huge investments for Colorado’s working families. 

It was a major victory — but this work isn’t done yet.

The Inflation Reduction Act was only possible because we had the votes to overcome Republican obstruction in Congress. That’s why Michael is working so hard to ensure we can protect and expand our majorities in Congress.

Michael is fighting for working people. It’s why he doesn’t accept a dime from corporate PACs or federal lobbyists — but it makes your grassroots support even more important. Will you donate now so he can keep up this vital work and elect Democrats who will work on the issues that really matter?

Thank you!

More to come,

Team Bennet