Bill Includes Key Provisions Hassan Pushed for to Lower Prescription Drug and Home Energy Costs; Also Includes Senator Hassan’s Bipartisan Provision to Double the R&D Tax Credit for Small Businesses and Startups
NEW HAMPSHIRE – U.S. Senator Maggie Hassan (D-NH) issued the following statement after the House of Representatives passed the Inflation Reduction Act, which now heads to the President’s desk:
“I am proud to have worked with my colleagues to send the Inflation Reduction Act to the President’s desk. For too long, Big Pharma has charged exorbitant prices, causing Granite Staters to ration medication and devastating family budgets. Now we have finally passed meaningful, common sense steps to bring down the cost of prescription drugs, improving our families’ health and financial stability. In addition, we are lowering energy costs by cutting taxes for families and investing in our clean energy economy. Our bill achieves these critical goals in a way that fights inflation and brings down the deficit, and I look forward to it becoming law soon,” said Senator Hassan.
The Inflation Reduction Act includes key priorities that Senator Hassan pushed for such as: