Over the past few months, Congress has checked several important legislative boxes, including new gun safety measures, an expansion of healthcare for veterans and investments in the manufacturing sector. This has culminated with the final passage of the Inflation Reduction Act, the budget reconciliation bill that will make significant investments in addressing healthcare and climate change needs.
The recent productivity is notable and welcome. The budget bill maintains subsidies to lower healthcare premiums that have helped drive the uninsured rate to its lowest mark on record and will prevent more than 3 million people from losing health insurance coverage next year. Moreover, experts have hailed the legislation as “the most significant action the U.S. has ever taken to combat climate change.”
The above is an excerpt of a piece originally published in The Hill.