RELEASE: Gottheimer Helps Pass Inflation Reduction Act, Win for NJ Families

Aug 12, 2022
Press

Win for NJ Families

No Tax Increases on Families or Small Businesses, Pays Down Debt

Helps Families Save on Prescription Drugs, Healthcare, Energy

Will Creates Jobs, Boosts U.S. Manufacturing

Historic Climate Investment

WASHINGTON, D.C. — Today, August 12, 2022, U.S. Congressman Josh Gottheimer (NJ-5) helped pass the Inflation Reduction Act — a huge win for North Jersey. This legislation will lower prescription drug prices, especially for seniors, provide support for families struggling with the high cost of health insurance costs, cut energy costs, pay down the debt, and put in place the most important climate investments in our nation’s history. It will create jobs and boost domestic manufacturing.  It makes no changes to personal income tax rates or those impacting small businesses and is fully paid for. 

This bill does not raise taxes on individuals, families, or small businesses in New Jersey’s Fifth District.

“I’m proud to have helped pass a historic piece of legislation today that will help make life more affordable for families and small businesses in North Jersey,” said Congressman Josh Gottheimer (NJ-5). “The Inflation Reduction Act does not raise taxes one penny on families or small businesses in my district. This legislation is a huge win for New Jersey and our nation — it will lower prescription drug prices, provide support for families struggling with the high cost of health insurance, create jobs, and put in place the most important climate investments in our nation’s history.”

The Inflation Reduction Act now heads to the President’s desk to be signed into law.  

###

Recent Posts


Mar 28, 2024
Press

RELEASE: Gottheimer Statement on the Passing of Former United States Senator Joe Lieberman

NORTH JERSEY — Today, March 27, 2024, U.S. Congressman Josh Gottheimer (NJ-5) released the following statement on the passing of former United States Senator Joe Lieberman: “Today, America lost one of our best. My friend and mentor, former Senator Joe Lieberman, served our nation in Congress for more than two decades. He was a trailblazer — […]



Mar 27, 2024
Press

RELEASE: Gottheimer Statement on MTA Vote Moving Forward with Congestion Tax, Despite Significant Public Opposition

NORTH JERSEY — Today, March 27, 2024, U.S. Congressman Josh Gottheimer (NJ-5) released the following statement on the latest Congestion Tax announcements from the MTA: “Today’s vote was just a rubber stamp on the MTA’s unprecedented cash grab. It just proves what we knew all along — the MTA doesn’t care about less traffic, helping […]



Mar 26, 2024
Press

RELEASE: As Part of New “Pedestrian Safety Strategy,” Gottheimer Announces Federal Investments, Legislation to Keep Pedestrians Safe

Follows increase of pedestrian deaths across North Jersey New Jersey most dangerous state in the nation for pedestrians Above: Gottheimer announcing his new “Pedestrian Safety Strategy.” RIDGEWOOD, NJ — Today, March 26, 2024, U.S. Congressman Josh Gottheimer announced a new “Pedestrian Safety Strategy” which includes a three-pronged approach to protecting pedestrians walking across our communities.  Video […]