PHOENIX — President Joe Biden made history this week by signing the Inflation Reduction Act into law from our nation’s capitol – 2,300 miles away, here in Arizona, Phoenix Mayor Kate Gallego says the new law gets her stamp of approval.
“The Inflation Reduction Act gives us a lot of tools for the city directly and for our residents,” explains Mayor Gallego. “Whether you want more affordable healthcare or more affordable energy, today’s bill is good news for all of us.”
But not everyone sees it that way; the law passed without any Republican votes in the House or Senate. Some members of the GOP have made the argument that it could make inflation even worse.
“It hands out tax credits like candy with no accountability,” said House Republican leader Kevin McCarthy before the vote on Tuesday.
But Mayor Gallego disagrees, saying it will make a big difference in the community.
“The Inflation Reduction Act has significant investments to help people afford housing and medical care. As I talk to people in my community, there are significant challenges where housing and medical costs are driving everything that’s happening in people’s communities. Part of the reason we’ve seen inflation in this community is because of housing, and so we have to make strategic investments in these areas and we also have to support people who are really struggling through no fault of their own with the situation that we are in right now.”
Mayor Gallego also says the $4 billion that’s being allotted to…
