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Majority Leader Schumer Floor Remarks On The Historic Passage Of The Inflation Reduction Act

Washington, D.C.   Senate Majority Leader Chuck Schumer (D-NY) today spoke on the Senate floor following the historic passage of the Inflation Reduction Act, which will lower costs, fight climate change, create jobs, and reduce inflation. Below are Senator Schumer’s remarks, which can also be viewed here:

It has been a long, tough and winding road, but at last we have arrived. I know it has been a long day and a long night, but we have gotten it done. 

Today—after more than a year of hard work—the Senate is making history. I am confident the Inflation Reduction Act will endure as one of the defining legislative feats of the twenty-first century: our bill reduces inflation, lowers costs, creates millions of good paying jobs, and is the boldest climate package in US history.

This bill will kick-start the era of affordable clean energy in America. It is a game-changer. It is a turning point. And it has been a long time incoming. 

To Americans who’ve lost faith that Congress can do big things, this bill is for you.

To seniors who’ve faced the indignity of rationing medications or skipping them altogether, this bill is for you.

And to the tens of millions of young Americans who have spent years marching, rallying, demanding that Congress act on climate change, this bill is for you! The time has come to pass this historic bill!