While President Biden and Democrats are taking critical steps to combat inflation, Republicans still have no plan to tackle inflation.
Republicans continue to make it clear they have no plan to lower costs and would rather raise taxes on half of Americans, do nothing to lower prescription drug prices, and vote against capping insulin prices.
Politico: “Chuck Grassley made quite the admission about prescription drug pricing: Pass it now, because he isn’t sure a GOP-led Congress can get it done.”
Forbes: “Scott’s ‘Skin In The Game’ Plan Could Raise Taxes By $100 Billion In 2022, Mostly On Low- And Moderate-Income Households”
The Independent: “Most House Republicans vote against lowering the price of insulin”
Meanwhile, President Biden is taking action to tackle inflation and lower costs for the American people.
White House: “President Biden has a plan to tackle inflation — by lowering costs that families face and lowering the federal deficit by asking the large corporations and the wealthiest Americans to pay their fair share.”
White House: “The President understands that the Federal Reserve is the institution that plays a primary role in fighting inflation. The President has nominated highly qualified individuals to lead the Fed, and is urging the Senate to confirm all these individuals without delay. Beyond the Federal Reserve, President Biden is taking short-, medium-, and long-term actions to lower costs for families and lower the deficit.”
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