Rep. Bucshon Releases Statement on the Inflation Expansion Act

Statement

U.S. Congressman Larry Bucshon, M.D. (R-Ind.) issued the following statement on the Inflation Reduction Act, H.R. 5376, which passed out of the House of Representatives on a party line vote.

"Today's passage of the Inflation Reduction Act, or rather the Inflation Expansion Act, will lead to more taxes, a higher cost of living, and fewer treatments and cures for the American people. President Biden and Democrats in Congress continue to jam through bloated spending bills that do nothing to address the real issues affecting Hoosier families and small business on Main Street like fixing the economy, making our communities safer, or addressing our supply chain shortages. Instead, Democrats in Congress are once again spending billions of dollars to fund their liberal Green New Deal agenda and are enacting price controls that will deny Americans access to critical lifesaving treatments and cures. With the so-called Inflation Reduction Act, Democrats in Congress are just doubling down on the same failed economic policies they have already put in place over the past two years that have resulted in the cost of living skyrocketing to the highest levels seen in 40 years -- a level that is leaving far too many American families having to decide between filling up their vehicle to get to work or buying groceries to feed their families," said Dr. Bucshon.

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