Build Back Better Act

Floor Speech

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Ms. JAYAPAL. Mr. Speaker, today, Democrats will take unprecedented and urgent action when we pass the Inflation Reduction Act.

Today, we make good on our promise to take on climate change and climate justice with historic investments in green technologies that will cut carbon emissions by 40 percent by 2030, create over 9 million good jobs, put $60 billion into environmental justice, and cut energy costs for the average American family by almost $1,000 a year.

Also, for the first time, we take on Big Pharma's price gouging, finally allowing Medicare to negotiate lower prescription drug prices, capping the cost of insulin, and continuing to make healthcare more affordable. All of it is paid for with taxes on the largest corporations and the wealthiest.

We have more to do to complete the rest of the President's agenda on childcare, senior care, expanding Medicare, and investing in housing. With a few more Democrats in the Senate, we will get that done, too.

Today, let's celebrate this massive investment for the people. People over politics. Let's pass this bill.

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