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Assembled leaders from americas Largest Companies and labor organizations. The united auto workers, the aflcio, theyre all here because they believe the Inflation Reduction Act meets the needs of working families now. Of what our economy needs now for stronger sustained Economic Growth in the years ahead. Let me tell you a few things about what this bill does. First, it will Lower Health Care costs are millions of americans who buy coverage from the Affordable Care act. Locking in the Health Care Premiums that saved 13 Million People an average of 800 a year. This comes on top o ....
To fight inflation and lower costs for american families. It will be the most important investment, not hyperbole, the most important investment weve ever made in our Energy Security and developing costsaving and jobcreating Clean Energy Solutions for the future. Its a big deal. Also for first time if a long time, begin to restore fairness to the tax code. By making the largest corporate nations largest corporations in america pay their fair share, without any new taxes on people making under 400,000 a year. Experts, even some experts who have criticized my administration in the past, agree that this bill, this bill will reduce Inflationary Pressures on the economy. This bill will in fact reduce Inflationary Pressure on the economy. Its a bill ....
Good afternoon. Yesterday i spoke with both senator schumer and manchin and offered my support for stork agreement to fight inflation at lower cost for american families. It is called the Inflation Reduction Act of 2022. Some of you will see a lot of similarities between the buildn that Better Initiative not all of it we have moved a long way. Ill be going into detail in a minute. But simply put the bill will healthcare costs for millions of americans and it will be the most important investment, not hyperbole the most important investment we have ever made inner Energy Security and developing cost savings and job creating Clean Energy Solutions for the future. It is a big deal. Also for the first time in a long time, began to restore fairness b ....
President biden yesterday i spoke with both senator schumer and manchin and offered my support for historic agreement to fight inflation and lower costs for american families. It will be the most important investment, not hyperbole, the most important investment weve ever made in our Energy Security and developing costsaving and jobcreating Clean Energy Solutions for the future. Its a big deal. Also for first time if a long time, begin to restore fairness to the tax code. By making the largest corporate nations largest corporations in america pay their fair share, without any new taxes on people making under 400,000 a year. Experts, even some experts who have criticized my administration in the past, agree that this bill, this bill will reduce Inflationary Pressures on the economy. This bill will in fact ....
Inflation hawks like former secretary, treasury, Larry Summers said quote, this bill is fighting inflation resent this bill is fighting inflation progressively. Theres like Center Elizabeth warren said, quote, this bill, this is a bill that truly is about fighting inflation, bringing down the cost for families and putting our country on a sounder economic foot. Heres how it works. First, the bill finding deliveries on a promise that washington has made for decades to the American People were given medicare recovery, medicare, the power to negotiate for law, Prescription Drug prices, which means singers and consumers will pay less for their Prescription Drugs. Medicare will save in the process about 2900 ....