Shock erupted on Capitol Hill last week when Congress passed a vital economic law on computer chips while Senators Joe Manchin (D-WV) and Chuck Schumer (D-NY) negotiated on a climate and health care bill which could reach President Joe Biden’s desk within the week. The Inflation Reduction Act provides new funds to fight climate change and also lowers prescription drug costs, while closing some tax loopholes as well.
Not only are Democrats delivering on President Biden’s campaign promises, but they’re also still managing to pass vital legislation at a time when Republican obstruction seems nearly insurmountable. “It’s the only bill that can reduce the cost of living for Americans immediately.” President Biden said of the bill. “Republicans have offered a lot of criticism, but they’ve offered no answers. That’s because they want an issue; they don’t want to solve a problem.”
Now that Sen. Kyrsten Sinema (D-AZ) is on board, the bill has a clear path to the President’s desk once it’s passed in Congress. Democrats have also voted on gun control and abortion protections in the wake of the conservative Supreme Court’s recent rulings.
Hell of a week for Biden:
-528k July jobs added
-Unemployment at 3.5% (50-year low)
-CHIPS Act passes
-PACT Act passes
-Inflation Reduction Act deal
-Gas hits 50+ day low (median US price below $4/gal)
-Kansas protects abortion
And he oversaw it all with COVID.
— Brian Tyler Cohen (@briantylercohen) August 5, 2022
There’s also the recent jobs report which showed a whopping 528,000 new jobs were added in July, keeping the unemployment rate near the same historic lows the country first reached this past winter.
The Biden economy smashed expectations and created 528,000 new jobs last month.
— Hakeem Jeffries (@RepJeffries) August 5, 2022
“People may be cynical about it, but things seem to be happening” in Washington, said New York Times columnist David Brooks. “If we had a normal Republican Party, you would get a bunch of Republican votes for this thing.”
The Inflation Reduction Act will reduce the deficit by $300 billion.
And we’ll do it without raising taxes a penny on those making less than $400,000 a year.
— President Biden (@POTUS) August 6, 2022
Former Senator Doug Jones (D-AL) says “It’s a hell of an impressive bill…it’s important for the country,” in a new interview on MSNBC. Jones also refuses to give in to the “Debbie Downers” who say the party will be hit hard in the midterms, saying the new bills being passed will “give folks hope” and boost Democrats at the polls.