Senator Murray: Inflation Reduction Act Means ‘Lower Costs, Stronger Economy for Working Families’

***WATCH VIDEO OF SENATOR MURRAY SPEAKING ABOUT THE IRA’s CLIMATE PROVISIONS HERE***

***WATCH WACH VIDEO OF SENATOR MURRAY SPEAKING ABOUT THE IRA’s HEALTH CARE PROVISIONS HERE***

**WATCH VIDEO OF SENATOR MURRAY SPEAKING ON THE SENATE FLOOR HERE***

(Washington, D.C.) – Today, U.S. Senator Patty Murray (D-WA), Chair of the Senate Committee on Health, Education, Labor, and Pensions (HELP), issued the following statement as President Joe Biden held a celebration to commemorate the signing of the Inflation Reduction Act of 2022, comprehensive legislation to lower everyday costs for families while building a stronger, clean energy economy.

“Last month, Democrats took historic action to lower health care costs for working families, create good-paying jobs to build a stronger clean energy economy, and make the largest-ever investment to tackle the climate crisis that gets worse by the year. And we paid for it all while reducing the deficit by ensuring the largest corporations simply pay their fair share in taxes like the rest of us.

“I’m so proud to have helped get this legislation passed and signed into law by President Biden—because the Inflation Reduction Act means lower health care costs for families, and more money back in their pockets. It means lower prescription drug costs for patients because we capped seniors insulin costs and out of pocket drug costs, and finally gave Medicare the power to force big drug makers to the negotiating table. It means good-paying jobs that’ll help build a stronger clean energy economy—and it also means lower energy costs for consumers. This law is a game changer for working families, our economy, and the environment—and I’m going to keep pushing to build on this historic progress.”

The Inflation Reduction Act lowers prescription drug and health care costs and delivers the largest-ever investment in climate action—lowering energy costs, promoting energy independence, and creating good-paying jobs. It is fully paid for by ensuring the very wealthiest and giant corporations simply pay their fair share and would actually reduce the deficit by more than $300 billion.

More on the Inflation ReductionActand what it means for Washington stateHERE.

###