Dear Colleague on Passage of Inflation Reduction Act

Dear Democratic Colleague,

Today is a day of extraordinary progress for America's families, as we send to President Biden the Inflation Reduction Act to be signed into law. Thank you to all of our Members for the unity, optimism and persistence you have brought to this fight. This historic achievement would not have been possible without the leadership of House Democrats, who laid the foundation for many of the life-saving and life-changing provisions in this bill.

Here is what passage of this landmark legislation means to your constituents:

• For our seniors: this legislation will lower out-of-pocket costs for prescription drugs, bringing prices down and capping drug costs at $2,000 per year.
• For our working families: this legislation will lock in lower premiums under the Affordable Care Act, saving 13 million families an average of $800 a year.
• For our children: this legislation powers our transition to a clean energy future and fights the climate crisis, with clean air and clean water today and saving the planet for generations to come.
• For our future: this legislation invests in reducing the deficit by nearly $2 trillion over two decades, driving down inflation in the long-term.

Proudly, this legislation is a giant step forward in President Biden and Democrats' relentless commitment to justice: from economic and health equity to tax fairness to environmental justice. And in keeping with Democrats' fiscal responsibility, all of these monumental investments are fully paid for – ensuring the biggest corporations and ultra-rich tax cheats pay their fair share.

This resounding victory For The People is a fitting capstone to a momentous week. President Biden signed into law the CHIPS and Science Act to ensure America wins the 21st Century; the accession of Finland and Sweden to NATO to bolster our defense of Democracy; and the PACT Act to honor our duty to care for our heroic veterans.

As we return home for the District Work Period, we must follow the guidance of the DPCC to communicate the many benefits of Democrats' People Over Politics Agenda. To that end, Members are encouraged to hold events in your districts celebrating the passage of the Inflation Reduction Act, explaining what this landmark legislation means to America's working families and pushing back against our Republican colleagues' desperate and disingenuous falsehoods.

At the same time, the DPCC has organized three critical Days of Action to contrast our agenda with the extreme MAGA Republicans' dangerous agenda for America:

• August 15: Social Security Day of Action – the 87th anniversary of Social Security, exposing Republicans' plan to end Social Security and Medicare in five years
• August 26: Women's Health Day of Action – Women's Equality Day, focusing on Republicans' ongoing efforts to criminalize women's health care
• September 7: Gun Violence Prevention Day of Action – coinciding with the return to school, demonstrating Republicans' opposition to basic steps to keep our communities safe from gun violence

Thank you for your leadership to put People Over Politics.

NANCY