Home Budget, Economy One Year Later: Inflation Reduction Act Is Lowering Costs for Virginia Families

One Year Later: Inflation Reduction Act Is Lowering Costs for Virginia Families

For instance, it "caps the cost of insulin to $35 a month for 36,461 Virginians on Medicare"

495
7

From Freedom Virginia:

One Year Later: Inflation Reduction Act Is Lowering Costs for Virginia Families

RICHMOND, Va. — Freedom Virginia today celebrates the one-year anniversary of the passage of the Inflation Reduction Act (IRA), a landmark victory for Virginia families in every corner of our Commonwealth.

The law is bringing down healthcare and energy costs for Virginians and people across the country. Below are highlights of how the IRA is saving families money:

Bringing Down Healthcare Costs

Bringing Down Energy Costs

“Thanks to the Inflation Reduction Act, hardworking Virginians now can keep more of what they earn,” said Freedom Virginia Executive Director Rhena Hicks. “We need to build off of the progress that Democrats have made at both the state and federal levels and continue to lower costs for families. Here in the Commonwealth, we can do that with a Prescription Drug Affordability Board. Unfortunately, Virginia House Republicans killed SB957, which would have established the Board, while Republicans in Congress have threatened repeal of the Inflation Reduction Act. We need legislators in Richmond and in Washington who will side with Virginia families over Big Pharma.”

###
Freedom Virginia is a nonpartisan 501(c)4 organization committed to building a Commonwealth where all Virginia families have the freedom to thrive. Freedom Virginia advances economic security policies through grassroots activism, voter engagement and legislative advocacy. Our efforts began in 2020 and since then we’ve pushed for a more economically secure Virginia by sharing real stories about Virginians’ lack of access to affordable healthcare, education, energy, and the need for policies that foster more safety for families. Visit our website at freedomva.org to learn more. 
********************************************************


Sign up for the Blue Virginia weekly newsletter

Previous articleWednesday News: “Five takeaways from the first year of America’s biggest climate law”; “In Georgia, Trump Appears Beyond Screwed”; Trump’s “Dangerous Minions”; “2024 Rivals Mainly Still Unwilling To Criticize Trump” (Silence From Glenn Youngkin)
Next articleVideo: VA House Dems Launch Ads to Protect Abortion Rights from MAGA Extremists