FreedomWorks Issues a Key Vote NO on H.R. 5376-Inflation Reduction Act

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While our economy is in the midst of a recession and inflation is at a 40-year high, Senate Democrats’ solution is to increase the pain families are already feeling by raising taxes and doubling down on their failing policy agenda. The “Inflation Reduction Act” is nothing more than another bloated tax-and-spend package that will accelerate inflation and pummel our nation’s budget. Here are a few reasons why your Representative and Senators should vote NO on this bill: 

  • $313 billion tax increase on businesses that will be passed on to consumers 
  • $124 billion to hire 80,000 new IRS agents to squeeze more taxes out of hardworking Americans
  • $288 billion in socialized prescription drug pricing that will make life-saving medicine more scarce and stifle innovation 
  • $369 billion in total of spending for the left’s radical Green New Deal priorities
  • Over $60 billion in “environmental justice” grants, subsidies, and tax credits
  • $20 billion in loans to build new clean vehicle manufacturing facilities
  • $30 billion in tax credits for the production of electric vehicles, solar panels, and wind turbines

FreedomWorks will count the vote for H.R. 5376 on our 2022 Congressional Scorecard and reserves the right to score any amendments, motions, or other related votes. The scorecard is used to determine eligibility for the FreedomFighter Award, which recognizes Members of the House and Senate who consistently vote to support economic freedom and individual liberty.