Perry vows to tank U.S. economy unless he can repeal popular Inflation Reduction Act
As the country edges closer and closer to a possible economic default thanks to House Republican infighting and extremism, Congressman Scott Perry is doing everything he can to stick it to working families in his district, vowing to only support a plan to avoid default if it includes a repeal of the broadly popular Inflation Reduction Act.
As a reminder, the Inflation Reduction Act:
Allows Medicare to negotiate drug prices and caps out-of-pocket spending for prescription drugs at $2,000 per year.
Caps the price of insulin at $35 per month for people on Medicare.
Lowers health care premiums by $800 per year for 13 million Americans covered under the Affordable Care Act.
Is expected to reduce the deficit by more than $300 billion, which will help tackle inflation and lower costs for families.
Takes the most aggressive action in history to combat the climate change crisis, reducing carbon emissions by roughly 40 percent by 2030.
Lowers energy costs, increases cleaner production, strengthens our energy security, and creates hundreds of thousands of jobs manufacturing solar panels, wind turbines, and electric vehicles in America.
Establishes a minimum corporate tax so the wealthiest corporations finally pay their fair share and doesn’t raise taxes on those making under $400,000 a year.
Pays for itself.
DCCC spokesperson Tommy Garcia:
“Scott Perry is once again showing Pennsylvanians that he’s too extreme to represent them. Only Scott Perry would threaten to hold our economy hostage while also fighting to raise the cost of medicine, cut hundreds of thousands of good paying jobs, and raise prices for everyday families. Perry and House Republicans’ plans are reckless, out-of-touch, and too extreme for working families.”
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