This is huge, John.
The Senate just passed the
Inflation Reduction Act -- a landmark bill that will reduce inflation and the deficit, lower health care costs, and finally address the climate crisis.
There’s a ton to be excited about in this bill – here are some key takeaways:
- This bill makes healthcare more affordable by allowing Medicare to negotiate lower prescription drug prices. It also establishes a $2,000 cap on out-of-pocket prescription costs for seniors.
- It makes the biggest investment in clean energy in our nation's history. It will reduce carbon pollution by approximately 40% by 2030 and significantly slash energy costs.
- The Inflation Reduction Act establishes a fairer tax code to make sure large corporations pay their fair share. This means $300 billion in revenue without raising taxes on anyone making $400,000 or less.
It’s hard to overstate how huge a win this is for the American people. It means meaningful change for generations to come, and it would only have been possible with YOUR support. With your help, we are making great progress, and delivering for our community and country.
Help protect our progress by keeping Democrats in the House Majority. Please chip in $3 -- or whatever you can -- to defend this frontline district.
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Thank you for all you do,
Mike
