Bonamici Helps House Pass Inflation Reduction Act; Bill Heads to President's Desk

Press Release

Today Congresswoman Suzanne Bonamici (D-OR) helped the House pass the Inflation Reduction Act, sending the monumental legislation to President Joe Biden's desk to be signed into law.

"The Inflation Reduction Act is a transformational piece of legislation that benefits Oregonians and Americans in many ways," said Congresswoman Suzanne Bonamici. "It will reduce daily costs, expand access to affordable health care, strengthen domestic energy production and manufacturing, and reduce the federal deficit. Importantly, this plan will meaningfully reduce carbon emissions by investing nearly $375 billion in a clean energy future. It will lower consumer energy costs with clean energy tax credits, and decarbonize every sector of the economy to reduce 40 percent of U.S. carbon emissions by 2030. This will move us toward a better, healthier, and more secure future for Oregonians and people across the country.

"These historic investments come at a time when higher prices are straining household budgets and depriving too many Oregonians of the full benefits of our growing economy. I was pleased to help get the Inflation Reduction Act over the finish line to ease the financial burdens Americans face, and pay for it by improving tax fairness and closing loopholes exploited by the very largest corporations. I look forward to delivering these benefits to Oregonians."

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