Price increases hurt us all, and I’m committed to doing what I can to lower costs impacting families, seniors, and small businesses. That’s why the New Democrat Coalition and I started the first-of-its-kind Inflation Working Group in February. Since then we have met with economists and policy experts to develop our action plan to tackle this challenge head-on. Our Action Plan outlines tangible steps that President Biden and Congress can take to make a real difference for Pennsylvanians. I’m proud to report that Forbes called our proposal the “best inflation-fighting blueprint to come out of Congress yet.” But we must do more to combat this challenge.
That’s why in addition to this plan, I have taken other steps to reduce inflation. Some of them include:
- Strengthening global supply chains and increasing price competition by reducing trade barriers to help prevent similar crises from arising again.
- Bringing more people into the workforce by increasing access to affordable childcare and improving transportation to help get people to and from work faster.
- Lowering oil prices by investing in renewable energy sources.
- Decreasing food prices by helping farmers and producers get their products to market faster.
- Standing with my colleagues in calling on President Biden to tap into the Strategic Petroleum Reserve.
- Helping to get the bipartisan Ocean Shipping Reform Act signed into law which will make tangible improvements for American exporters, easing our international supply chains and helping keep prices down for consumers.
- Lowering costs not only for groceries and gas but also for other necessities like prescription drugs and childcare.
