Home>Articles>Statements on the signing of the Inflation Reduction Act

President Joe Biden delivers remarks to essential and frontline workers and military families at the White House, Jul. 4, 2021. (Official White House Photo by Katie Ricks).

Statements on the signing of the Inflation Reduction Act

By Joey Fox, August 16 2022 4:13 pm


“Today is proof that even in this time of cynicism and hyperpartisanship, when too many politicians only look at what may be best for their next election instead of what’s best for the next generation, real progress can be made. The Inflation Reduction Act will cut energy, health care, and prescription drug costs for millions of American families while making key investments to spur long-term job creation and economic growth. It signifies our nation’s single-greatest investment in fighting climate change and in clean energy, especially in the offshore wind economy we are growing in New Jersey.

I congratulate President Biden, Majority Leader Schumer, Speaker Pelosi, and Democrats in Congress for not giving up and working together to pass and enact what is going to be one of the most transformational pieces of legislation in our nation’s history.”


“Democrats in the House and Senate have delivered a resounding win for the American people, with the Inflation Reduction Act, which the President signed into law earlier today.

From funding to battle the existential threat of climate change, to expanding Affordable Care Act subsidies, to creating millions of new jobs and finally allowing Medicare to negotiate on prescription drug prices, this new law will benefit the 8th Congressional District for decades to come.

This victory and the transformational change that it brings would not have been possible without the dedication of our New Jersey Congressional delegation and without the relentless efforts of our House and Senate Democratic leadership.

We still have more work to do, and when I’m in D.C., I look forward to delivering results for the residents of our district.”


Reducing dependence on Russian oil. Creating clean energy jobs. Saving the average family over one-thousand bucks a year on energy costs. The #InflationReductionAct is a big frickin’ deal.”


POTUS just signed the Inflation Reduction Act into LAW! Not only will Americans pay less for prescription drugs and save on healthcare premiums & energy bills, this monumental law also takes the largest step in tackling climate change in U.S. history.”


“Today, Pres. Biden signed the historic Inflation Reduction Act into law to fight climate change, create new energy jobs, tax corporations responsibly, and drop the prices of life-saving medications. I applaud Pres. Biden’s leadership to get it passed!”


“President Biden has signed one of the most significant pieces of legislation in our lifetimes. It will literally help save the planet.

The historic Inflation Reduction Act turns the climate crisis into an opportunity by investing hundreds of billions of dollars to build a 21st century economy powered by clean energy, creating millions of good-paying union jobs while investing $60 billion to address our nation’s shameful legacy of environmental racism.

I commend President Biden and the New Jersey Congressional delegation for their leadership and support of such a transformative legislation which is essential to building a prosperous, sustainable future for our state, our nation, and our planet.

New Jersey LCV and our partners plan to seize this historic moment for our state to advocate for further reductions in climate pollution, investments in renewable energy while lowering energy prices for working families, and the creation of good-paying union jobs in the new green economy that can’t be outsourced.”

Spread the news: