From Children's Defense Fund <[email protected]>
Subject CDF Statement on the Inflation Reduction Act
Date August 9, 2022 3:39 PM
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John,

Children's Defense Fund (CDF) applauds the Senate for passing
the Inflation Reduction Act of 2022, as it will provide some needed
relief for children, youth, and families across the country. The
historic investment in clean energy is a pledge to our
children's future. Reducing prescription costs and assisting
families with health care premiums will help ensure parents do not
have to choose between their health and supporting their families.
Additionally, the billions generated from a new minimum tax on large
corporations could one day go toward economic and social benefits for
children, youth, and families. This is what this country needs, and we
urge the House to move swiftly to get this significant legislation to
the president's desk for signature, so children and families can
feel some relief as the cost of food, gas, and other essentials
continue to rise.? 

We also recognize that the Senate missed an opportunity to go even
further and address the long-standing needs of children and families.
CDF pushed Congressional leadership to include a provision that would
have closed the Medicaid coverage gap by increasing eligibility in the
12 states that have refused federal funds to expand health care
coverage. Unfortunately, the bill failed to close this gap, which
unjustly denies health coverage to more than 2 million
people-primarily Black and Brown individuals and families who
live in the South.? 

The Inflation Reduction Act also leaves out critical investments in
funding for childcare, equitable access to nutrition, stable housing,
and the Child Tax Credit (CTC). Last year, the expanded CTC provided
monthly cash payments that reached 65 million children and kept 3.7
million children out of poverty. Unfortunately, the Senate has allowed
the program to expire. 

These missed opportunities by Congress to step up for children and
families are not minor policy details; they are major oversights that
have both immediate and long-lasting impacts on the young people and
their families who have been left out of this legislation. We hope
this Congress will build on the success of the Inflation Reduction Act
and get to work on additional legislation that meets the needs of
children and their families across the country.  

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