DNC on President Biden Signing the Inflation Reduction Act
August 16, 2022
DNC Chair Jaime Harrison issued the following statement in celebration of the signing of the Inflation Reduction Act:
President Biden and Democrats have delivered — and today, the American people won and the special interests lost. Today, President Biden signed the Inflation Reduction Act into law, taking the action the American people are looking for to lower the costs of prescription drugs, energy and health care. It will also reduce the deficit — helping fight inflation. On top of that, this bill will take aggressive action to fight the climate crisis that will create jobs and increase our energy security.
The Inflation Reduction Act builds on Democrats’ track record of results for everyday Americans. It takes on Big Pharma, Big Oil, and other special interests that have blocked progress. It sends a powerful message to giant corporations and billionaire tax cheats that it’s time to pay their fair share.
President Biden and Democrats’ leadership stands in stark contrast to the GOP’s preoccupation with MAGA extremism and catering to special interests. We won’t stop fighting to build a better America, and voters will find their choice clear in November.