Biden on the Inflation Act: ‘The American People Won and Special Interests Lost’

TRANSCRIPT:

BIDEN: “What a great day. Exactly four weeks ago today, I signed the Inflation Reduction Act into law. A single most important legislation passed in the Congress to combat inflation and one of the most significant laws in our nation’s history, in my view. I said it then and I’ll keep saying it. With this law, the American people won and special interests lost. Say it again. (Applause) The American people won, and special interests lost. Folks, we’re going to lower prescription drug costs. Lower health insurance costs. Lower energy costs for millions of families. I want to take the most aggressive action ever, ever, ever to confront the climate crisis and increase our energy security. Ever in the whole world. And that’s not hyperbole, that’s a fact.”