House Passes Landmark Bill to Cut Costs for Working Families
Washington, D.C. – This evening, Rep. Carbajal voted to pass H.R. 5376, the Build Back Better Act, which will cut down on the cost of living for working families on the Central Coast and across the country while also making long overdue investments to address climate change.
“The Build Back Better Act is a huge win for Central Coast families burdened by the high cost of health care, child care, and senior care. After years of Republican tax breaks for the wealthiest 1% of Americans, this bill is a long overdue tax break for the people who truly sustain and strengthen our nation: working, middle class families. Unlike the Republican tax scam, this bill is fully paid for and won’t cost anyone making under $400,000 a dime,” said Rep. Carbajal. “I worked hard to make sure this bill included robust measures to fight climate change and I am proud to say we delivered. The Build Back Better Act includes my bill to permanently ban offshore oil and gas leasing off the coast of California and marks the biggest investment we have ever made to tackle the climate crisis, which will create good-paying jobs on the Central Coast as we build up the renewable energy economy of the future.”
Address Climate Change:
Reduce the Cost of Child Care and Senior Care:
Cut Health Care Costs:
Fight Inflation: In a letter, 17 Nobel laureates in economics said that the Build Back Better agenda will “ease longer-term inflationary pressures” because it “invests in long-term economic capacity and will enhance the ability of more Americans to participate productively in the economy.”
Tackle Supply Chain Issues: Provides $600 million for grants that support supply chain resilience, reductions in port congestion, development of offshore wind infrastructure, environmental remediation, and projects to reduce impacts to the environment.