Today, the House Budget Committee released a new report on how the Inflation Reduction Act will lower the cost of living for American families, increase American energy security and combat the climate crisis, and expand opportunities for Americans to succeed.
Yarmuth: Legislation is “the most significant step we have ever taken to combat climate change”
Kentucky Congressman John Yarmuth, Chair of the House Budget Committee, appeared before the House Rules Committee to testify on the Inflation Reduction Act of 2022, legislation that will lower the cost of health care, prescription drugs, and energy for American families and make the most significant effort to tackle the climate crisis in U.S. history.
Kentucky Representative John Yarmuth, Chairman of the House Budget Committee, released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 528,000 in July and the unemployment rate fell to 3.5 percent.
July 13, 2022
By devoting targeted resources to children across a variety of programs, we can improve lives in the immediate term and throughout their future, while also delivering a high return on investment. On July 20, 2022, the House Budget Committee will examine the positive and powerful impacts of federal investments in early childhood for children, families, and our nation’s economy.
July 05, 2022
The American Rescue Plan Act (ARP) is transformational legislation that saved lives and livelihoods, reshaped the trajectory of our economic recovery, and put our nation on a stronger fiscal path. On Tuesday, June 14th, 2022, the House Budget Committee held a hearing with experts testifying on the lifesaving and life-changing impacts of the Rescue Plan.
June 09, 2022
Spearheaded by Chairman John Yarmuth, the American Rescue Plan (ARP) met the moment. It is one of the most consequential laws in modern history. This historic legislation – enacted without a single Republican vote – delivered tailored, targeted relief to respond to the urgent needs of the American people. That is why experts and community leaders across the ideological spectrum expressed their support for ARP. Its life-changing and life-saving provisions – like the expanded and enhanced Child Tax Credit, state and local relief, and resources to safely reopen schools – helped families and communities make ends meet while laying the foundation for our record-breaking economic recovery.