Garbarino's Statement Following His Vote Against the so-called "Inflation Reduction Act"

WASHINGTON, D.C. - Congressman Andrew R. Garbarino (R-NY-02) released the following statement following his vote against H.R.5376, the so-called Inflation Reduction Act of 2022. 

"I voted AGAINST the deceptively named 'Inflation Reduction Act' just like I voted against the reckless Build Back Better scheme. We can’t tax and spend our way out of the economic crisis that Joe Biden and Nancy Pelosi created. Two hundred and thirty economists agree that the so-called Inflation Reduction Act is expected to contribute to skyrocketing inflation and burden the American economy. This bill means $745 billion in new spending, including over $400 billion for the 'Green New Deal' and $80 billion in new funding for the IRS to hire 87,000 new agents to go after the middle class and small businesses. Aside from completely failing to reduce inflation, this bill fails to address the SALT deduction cap while raising taxes that will impact the middle class. The healthcare provisions in the bill are expected to increase premiums and decrease drug innovation, leading to a fewer number of new drugs and cures. This bill is bad for Long Islanders and bad for the American people. Shame on Congressional Democrats for forcing through this irresponsible legislation to score a political win at the expense of American taxpayers."

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