REMINDER: Cruz and Grassley Voted Against Lowering Costs for Iowans
August 18, 2022
As GOP Senator Ted Cruz stumps for Senator Chuck Grassley in Iowa today, let’s not forget: both of these MAGA Republicans voted against the Inflation Reduction Act — meaning they opposed capping the price of insulin for seniors, going after tax cheats, and reducing the federal deficit.
Des Moines Register: “Grassley, Ernst Opposed Inflation Reduction Act”
Texas Signal: “Cruz, Cornyn Vote Against Major Climate and Health Care Bill”
Cruz and Grassley voted against extending lower health care costs and allowing Medicare to directly negotiate the price of prescription drugs for the first time, siding with Big Pharma over Iowans.
The New York Times: “The package would cap the out-of-pocket costs that seniors pay annually for prescription drugs at $2,000, and would ensure that seniors have access to free vaccines.”
CNBC: “Medicare is poised to renegotiate the prices of some of its most expensive drugs through a historic expansion of its power, which could reduce costs for many seniors as well as federal spending on its prescription drug plan.”
What’s more, Cruz and Grassley both helped block a proposal by Senate Democrats to cap the price of insulin at $35 a month for millions of Americans on private insurance.
CBS Des Moines: “Iowa Senators Block Efforts To Cap Insulin Prices Through Inflation Reduction Act”
The Washington Post: “Republicans Block Cap On Insulin Costs For Millions Of Patients”
Both Cruz and Grassley also voted against ensuring that corporations and the ultra-wealthy pay their fair share in taxes, even though Americans making less than $400,000 a year will not see increased audit rates or higher tax rates.
Associated Press: “Nothing in the bill raises taxes on people earning less than $400,000… There are no individual tax rate increases for anyone in the bill, experts say.”
CNBC: “IRS Commissioner Charles Rettig said the [IRA] funding would not increase audits of households making less than $400,000 per year.”
The Washington Post: “The most immediate benefit for American families, according to experts: faster tax refunds and more responsive IRS agents, thanks to… additional funding to the Internal Revenue Service over 10 years.”
While President Biden and Democrats in Congress remain laser-focused on bringing down costs for families, Republicans like Cruz and Grassley are siding with special interests and wealthy tax cheats instead. Iowans deserve better.