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August 12, 2022

Congresswoman Bourdeaux Votes To Pass Inflation Reduction Act

WASHINGTON, DC — Today, Congresswoman Carolyn Bourdeaux (GA-07) voted to pass the Inflation Reduction Act. This legislation takes broad steps to decrease inflation, address climate change, and invest and support access to affordable health care. Very important to Georgia’s 7th district, the bill includes an extension of the Affordable Care Act health insurance premium subsidies made available in the American Rescue Plan. According to a Kaiser Family Foundation report, Georgia’s 7th district has one of the highest numbers of people who purchase insurance on the exchange of any congressional district and so stands to significantly benefit from this provision. 

“From the very beginning of the reconciliation process, I called for a tailored, targeted, and fiscally responsible reconciliation package that met the immediate needs of the country while being capable of being passed in the Senate. That is exactly what this bill is,” said Congresswoman Carolyn Bourdeaux. “This bill steps up to meet the needs of the moment—vigorously fighting inflation, combating climate change, and improving health care for Americans—while taking meaningful steps to decrease the deficit. I am pleased to see this bill pass the House, and applaud the work so many have done to bring us to this point.”

This transformative legislation includes priorities Congresswoman Bourdeaux has championed in Congress, including provisions to lower health care and energy costs, combat climate change, and ensure that large corporations pay their fair share.

By reducing the deficit, lowering the cost of prescription drugs and health insurance, and investing in green energy technology, this bill will lower costs for American families and support the creation of millions of clean energy jobs.

This bill allows Medicare to negotiate prescription drug prices while capping out-of-pocket costs at $2000 and caps insulin at $35 per month for Medicare beneficiaries. It also extends Affordable Care Act subsidies which have helped constituents in Georgia’s 7th District access heavily discounted quality insurance through the ACA exchange.

The bill takes steps to reduce carbon pollution by approximately 40% by 2030 by investing approximately $369 billion in clean energy and provides targeted funding to strengthen America’s energy security.

The bill is fully paid for and reduces the deficit by $300 billion. It makes corporations with over $1 billion in annual profits pay a minimum 15% tax.

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Rep. Carolyn Bourdeaux lives with her family in Suwanee, Georgia, and represents Georgia’s 7th Congressional District in the 117th Congress. Carolyn is a strong advocate for affordable health care, and economic recovery that puts workers and small businesses first, and investing in her district’s world-class public education system and transportation infrastructure. 

Georgia’s fast-changing 7th Congressional District includes portions of the northeast Atlanta metropolitan area, including portions of Forsyth and Gwinnett counties and cities Peachtree Corners, Berkeley Lake, Sugar Hill, Norcross, Cumming, Lawrenceville, Duluth, Snellville, Lilburn, Suwanee, Grayson, and Buford.