The November 8 Election…

WHAT’S BEING DONE ABOUT RISING COSTS?

Everyone is feeling the pain. Russia’s brutal invasion of Ukraine and the effects of the coronavirus pandemic have caused prices to skyrocket around the world – not just here in the United States or in Wisconsin.

But the Democrats are doing something about it. President Joe Biden and Congressional Democrats have taken action to reduce gas prices and drug costs. President Biden ordered the release of huge volumes of oil from our nation’s reserves, which has helped lower prices at the gasoline pump.

Democrats in Congress passed the Inflation Reduction Act, extending Affordable Care Act subsidies and giving the government new power to negotiate lower drug prices. Not a single Republican voted to support these cost reduction measures.

The Inflation Reduction Act will protect millions of Americans from an anticipated Medicaid insurance premium hike at the end of the year, and it will cap Medicare Part-D out-of-pocket costs. It also caps the cost of insulin at $35 a month and penalizes drug companies that increase prices greater than the rate of inflation.

And, under President Biden unemployment is at a near all-time low and many area jobs are available.