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U.S. Senator Van Hollen Secures Two Climate Provisions in Newly Released Inflation Reduction Act; Applauds Progress on Combatting Climate Change and Risings Costs

U.S. Senator Chris Van Hollen (D-Md.) released the following statement applauding the Inflation Reduction Act, which includes key provisions from the Senator’s HOPE for HOMES Act and his and Senator Markey’s Clean Energy Accelerator (National Climate Bank) proposal: “We are facing the moment of truth in our battle to confront the climate crisis. We need to act – and we can’t afford to wait any longer. The costs and harms of doing too little are rising by the day. Moreover, seizing this opportunity will boost the growth of U.S. jobs and lower the costs of energy for American consumers. The Inflation Reduction Act released today puts our nation on the path to making the real changes we need to tackle this national and global emergency. But that’s not all – this legislation will help combat the rising costs Americans are facing by cutting the price of prescription drugs, maintaining access to affordable health care, and reducing our national deficit. To do all that, this bill will finally ensure that the super-wealthy and big corporations pay the taxes they already owe under the law and close some of the tax system’s most egregious loopholes. “I was proud to author two key […]

The post U.S. Senator Van Hollen Secures Two Climate Provisions in Newly Released Inflation Reduction Act; Applauds Progress on Combatting Climate Change and Risings Costs appeared first on Southern Maryland News Net.

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