Greetings,
We hope you have had a great week! Around the district, Congressman Kim spoke with neighbors, community leaders, and local groups. It was another great week full of informative conversations that are essential to our service to you! From neighbors at Monday’s town hall to local farm owners showing us their work, and legislative meetings with local nonprofits, we appreciate everyone who takes the time to speak with the Congressman and us.
As always, we hope you find these updates and resources helpful.
1 Year of the Inflation Reduction Act!
This Wednesday, we helped celebrate one-year since the Inflation Reduction Act was signed into law. Congressman Kim helped pass this historic legislation to deliver real savings to our local New Jersey communities. This week, we highlighted one of these neighbors, Marta, who is saving hundreds on insulin thanks to this bill and was Congressman Kim’s guest to the State of the Union this year.
Congressman Kim was also proud to help pass this generational bill into law last year to deliver historic funding for clean energy, pollution clean-up, and more to establish the U.S. as a global leader in the fight against climate change. So far, there are $3 million in eligible planning grants to support efforts to reduce climate pollution in New Jersey and $1.07 billion for clean energy projects and clean energy jobs across the state.
The Congressman fought to include major healthcare savings within the legislation. To lower costs and support our local seniors, the law’s $35 per month cap on insulin prices is saving around 4,000 people in our district an average of $490 per year. It is also saving Affordable Care Act marketplace enrollees in our district an average of $1,340 on their health insurance. Also in the bill is a provision, co-wrote by Congressman Kim that will cap out-of-pocket costs for seniors on Medicare to $2,000 per year.
Lastly, we highlighted ways community members can save money on their taxes thanks to the law’s tax credits and rebates. Check out our webpage here to learn about the law’s investment in U.S. energy production and its tax credits for millions in New Jersey.
Congressman Kim Hosts 66th Town Hall in Manalapan
Thank you to everyone who joined Congressman Kim Monday night for his August town hall. We were grateful to see such a packed room of community members there to hear updates about the Congressman’s work and to ask questions about issues they care about.
From his most recent and upcoming work on major legislation like the National Defense Authorization Act and 2023 Farm Bill to answering questions about prescription drug costs and infrastructure, comprehensive discussion’s like this one are vital to supporting his service to you. We look forward to such engaging conversation at our next town hall too!