Republicans Are on a Mission to Raise Costs
November 10, 2022
With today’s news indicating progress on lowering inflation, Republicans continue to remind Americans that not only have they relentlessly fought AGAINST bringing down costs, but they also have plans that would RAISE costs on families.
In September, House GOP Leader Kevin McCarthy rolled out his “Commitment to America” agenda, which includes rolling back key pieces of President Joe Biden’s historic cost-cutting legislation and raising prescription drug costs for millions of Americans.
Axios: “Some key House Republicans are calling for the repeal of Democrats’ newly-passed drug pricing measure if the GOP flips control of one or both chambers of Congress next year.”
Top Republicans have even made it clear that they’re willing to play games with America’s economic security to force cuts to programs like Social Security and Medicare.
Bloomberg Government: “Social Security and Medicare eligibility changes, spending caps, and safety-net work requirements are among the top priorities for key House Republicans who want to use next year’s debt-limit deadline to extract concessions from Democrats.”
And it doesn’t stop there: Senate Republicans blocked a $35 monthly cap on out-of-pocket insulin costs for people with private insurance, which would have helped millions of Americans.
CBS News: “Senate Republicans block $35 cap on price of insulin from Democratic bill”
And despite Big Oil raking in record profits, every single House Republican opposed legislation to crack down on price gouging and help lower gas prices.
CBS News: “The House of Representatives passed a bill along party lines Thursday that seeks to lower gas prices by cracking down on alleged price gouging by energy companies. The House vote was 217-207: no Republican supported the bill…”
Republicans love to showcase time and again just how bad they are on the economy. In fact, 187 House Republicans even shamelessly sided with the Chinese Communist Party and voted against legislation to bring thousands of manufacturing jobs back to America.
The Hill: “House Republican leadership [urged] members of its conference to vote against a bill to bolster the domestic chip manufacturing industry.”
Washington Post: “[The CHIPS Act will] provide $52 billion in subsidies to domestic semiconductor manufacturers, as well as invest billions in science and technology innovation, in a bid to strengthen the United States’ competitiveness and self-reliance in what is seen as a keystone industry for economic and national security.”
Republicans are hellbent on pushing plans that would raise costs for the American people — and they have indicated they will stop at nothing to pass their extreme agenda.