CAPITO RELEASES ONE-YEAR REPORT ON INFLATION REDUCTION ACT'S FAILED PROMISES

Press Release

Date: Aug. 16, 2023
Location: Washington, D.C.

"As Democrats celebrate the one-year anniversary of their partisan climate and regulatory spending spree, the reality is the results have been devastating for the American people. The Inflation Reduction Act poured trillions of taxpayer dollars into unaccountable programs that have done little to actually reduce emissions. Americans should know that through this legislation they've subsidized the Democrats' first iteration of the Green New Deal, all while they continue to pay sky-high prices to fill up their tanks and power their homes. It's no surprise the Inflation Reduction Act, which was written in secret and rushed through Congress on a party-line vote, is extremely unpopular in energy-producing states like West Virginia, and this report outlines exactly why."


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