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    SCOTT ANNOUNCES SUPPORT FOR INFLATION REDUCTION ACT


    August 11, 2022 - U.S. Fed News

     

      WASHINGTON, Aug. 10 -- Rep. Robert C. Bobby Scott issued the following press release:

      Congressman Bobby Scott (VA-03), Chairman of the House Committee on Education and Labor, issued the following statement announcing his support for the Inflation Reduction Act:

      "The Inflation Reduction Act delivers key components of President Biden and Congressional Democrats' agenda to invest in jobs and the economy while lowering costs for working families. This legislation will lower the cost of health care, prescription drugs, and energy for millions of American families. Medicare will finally be able to negotiate for lower prescription drug prices and lower costs for seniors. The bill also builds on the success of the American Rescue Plan's expansion of the subsidies under the Affordable Care Act to lower health costs, which helped us reach the lowest number of uninsured people ever.

      "The Inflation Reduction Act also marks the single largest federal investment to address climate change and makes a critical down payment that has been long overdue. This legislation will enable us to tackle the climate crisis while advancing environmental justice, securing America's position as a world leader in clean energy manufacturing and increasing our domestic energy supply-all while lowering energy costs for Americans. I am especially pleased that the bill includes language from the Offshore Wind American Manufacturing Act, which I co-led with Representatives A. Donald McEachin and Elaine Luria to turbo charge the growth of offshore wind off Virginia's coast and create good family-sustaining jobs here in Hampton Roads.

      *The rest of the document can be viewed at: https://bobbyscott.house.gov/media-center/press-releases/scott-announces-support-for-inflation-reduction-act For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com

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