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


Nov 30, 2023
Press

RELEASE: Gottheimer Statement on New York’s Congestion Tax

NORTH JERSEY — Today, November 29, 2023, U.S. Congressman Josh Gottheimer (NJ-5) released the following statement: “As advertised, New York is officially sticking it to Jersey families with their commuter-crushing Congestion Tax. On top of the existing tolls, it’ll be 15 bucks every day to go into the city with no discounts at the GW Bridge […]



Nov 29, 2023
Press

RELEASE: After Gottheimer Questioning, Consumer Finance Protection Bureau Director Chopra Agrees to “Look Into” NY’s Congestion Tax

WASHINGTON, D.C. — Today, November 29, 2023, during a U.S. House of Representatives Financial Services Committee hearing, U.S. Congressman Josh Gottheimer questioned Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, a New Jersey native, about New York’s $23-a-day Congestion Tax “making money off of gouging middle class Americans with exorbitant tolls.” Director Rohit Chopra agreed to “look into” the […]



Nov 29, 2023
Press

RELEASE: Gottheimer Helps Pass Bipartisan Legislation Condemning Hamas, Calling for the Release of All Hostages, and Reaffirming Israel’s Right to Exist

WASHINGTON D.C. — Tonight, November 28, 2023, U.S. Congressman Josh Gottheimer (NJ-5) helped pass two pieces of bipartisan legislation to condemn the Hamas terrorist attack on Israel, reaffirm Israel’s right to exist, and call for Hamas to immediately surrender and safely release all hostages. On October 7, Hamas terrorists brutally murdered, raped, burned alive, decapitated, and […]