Bennet Statement on Inflation Reduction Act

Press Release

Today, Colorado U.S. Senator Michael Bennet released the following statement on the Inflation Reduction Act:

"Washington has spent decades cutting taxes for the wealthiest Americans and exploding our deficit instead of making responsible choices for our future. The Inflation Reduction Act represents a historic break from those failed policies. It will lower the costs of energy, health care, and prescription drugs for Coloradans. It makes the largest investment ever to fight climate change and reduce our dependence on foreign, oil-rich dictators. It adopts my proposal to ensure the biggest corporations finally pay their fair share. And unlike Trump's tax cuts for the wealthy, this bill is not only paid for -- it reduces the federal deficit by over $300 billion. We have to get this done for Colorado and the country."

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