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Statement from Rhett Buttle on Business Community Support for Inflation Reduction Act
WASHINGTON, D.C. –
This week, as the Senate moves to consider the Inflation Reduction Act,
Rhett Buttle, Founder and Principal of Public Private Strategies, released the following statement:
“Many in the American business community – from Fortune 500 companies to small businesses across the country – support the Inflation Reduction Act and its numerous provisions to ensure health care and prescription drug costs are affordable for millions of Americans, spur economic growth, reduce inflationary pressure in the energy market while tackling climate change, and level the playing field for small businesses and their employees.
“As small businesses and their employees continue to struggle with high healthcare costs, the Inflation Reduction Act will extend Obamacare subsidies and allow Medicare to negotiate the cost of prescription drugs, lowering healthcare costs and delivering an immediate, positive impact on the pocketbooks of millions of Americans.
“This critical legislation will close tax loopholes that the largest corporations have taken advantage of for decades, creating a level playing field for the vast majority of businesses, small and medium, who support efforts to appropriately ensure all companies are paying their fair share.
“The energy components of this legislation will support the next generation of American energy innovation, lowering the cost of energy and goods across the economy, creating American jobs, and marking the most aggressive legislative effort to tackle climate change in American history.”
This week, Buttle wrote about the benefits of the Inflation Reduction Act for small businesses in Forbes.
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