House Democrats pass sweeping healthcare, tax and climate bill
LA TimesHouse Speaker Nancy Pelosi of Calif., surrounded by House Democrats, after the Inflation Reduction Act of 2022 bill enrollment ceremony on Capitol Hill in Washington, Friday. “We need to do things like that: have people out in their communities, not just their districts but in communities across this country, talking about why this is going to matter.” Rep. Jimmy Gomez pointed to three tax credits in the Inflation Reduction Act: one for used electric vehicles, including hybrids, and two for home efficiency for new and existing homeowners. “If you are sitting at your kitchen table and wonder how you’re going to pay the bills — your healthcare bills, your prescription drug bills — this bill’s for you,” Pelosi said. In a lengthy floor speech, Minority Leader Kevin McCarthy panned the legislation as a “misguided, tone-deaf bill” that will raise taxes and hand out tax credits “like candy, with no accountability.” Progressives cheered the legislation while acknowledging they would have preferred it had gone further to fight climate change and bolster the nation’s social safety net. “We must get off the fossil fuel roller coaster that has been driving inflation and killing our planet, once and for all.” In an appearance Friday morning on MSNBC’s “Morning Joe,” Senate Majority Leader Charles E. Schumer suggested Senate Democrats in battleground states were already reaping the benefits of the Inflation Reduction Act’s passage in the upper chamber.