“In addition, intermediate tax reform should repeal all tax increases that were passed as part of the Inflation Reduction Act,19 including… excise taxes on drug manufacturers to compel them to comply with Medicare price controls.” (Economy, Dept. of the Treasury, p. 696)

The Inflation Reduction Act greatly reduced the burden of healthcare costs on seniors and those with disabilities. Because of this legislation, insulin is capped at costing $35/month and millions of seniors have seen savings on prescription drugs. Additionally, it made vaccines accessible by removing cost barriers. Eliminating this legislation would be extremely harmful to our most vulnerable citizens.