Eshoo Delivers Speech on Historic Inflation Reduction Act

August 12, 2022
Press Release
Legislation Combats Climate Crisis, Lowers Costs of Prescription Drugs and Health Care, and Reduces Federal Deficit

WASHINGTON, D.C. – Today, U.S. Rep. Anna G. Eshoo (D-CA) delivered the following remarks on the House floor ahead of her vote for the Inflation Reduction Act:

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I think today is an “Alleluia Day,” and I say this because two of the greatest challenges facing our country are the following…

The climate crisis - This is the single largest investment to take the climate crisis on, head on.

I hear from as young as first graders in my district, caring about this issue.

Two years ago, this time, I had 77,000 evacuees from the wildfires in my congressional district.

And so, taking on the climate crisis is absolutely essential.

Seniors, the Medicare beneficiaries-- their prescription drug prices we are changing today because Medicare will be able to directly negotiate and bring the prices down, cap insulin at $35 a month.

The Senate Republicans sabotaged that cap on insulin for all Americans.

I don’t know how any politician can go home and brag about that.

The out-of-pocket costs for Medicare beneficiaries will not exceed $2,000 a year.

We’re investing in the IRS.

My constituents have been waiting for too long for their refunds.

Added staff-- it’s going to expedite the services that the IRS and the American people need from the IRS.

And, finally, deficit reduction. Yes, America. This is paid for.

So, this is truly an Alleluia Day.

This is a red, white, and blue bill.

It’s good for all Americans and it will advance our collective future of America.

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