{"database": "press", "table": "releases", "rows": [["https://www.young.senate.gov/newsroom/press-releases/young-votes-against-reckless-tax-and-spend-bill-amidst-worst-inflation-in-forty-years/", "Young Votes Against Reckless Tax and Spend Bill Amidst Worst Inflation in Forty Years", "2022-08-07", "2022", "2022-08", "Republican", "Senate", "IN", "Todd Young", "Y000064", "www.young.senate.gov", "toddyoung", "https://www.young.senate.gov/newsroom/press-releases/", "scraper", "WASHINGTON \u2013\u2013 U.S. Senator Todd Young (R-Ind.) today voted against the Democrats\u2019 reckless tax-and-spend bill, the so-called Inflation Reduction Act. The legislation passed the Senate by a vote of 50 to 50, with Vice President Kamala Harris breaking the tie.\n\n\u201cWith inflation at a forty-year high and our country in a recession, this bill is the absolute wrong approach to helping Hoosier families,\u201d said Senator Young. \u201cDespite its name, this legislation does nothing to address rising prices or high energy costs. Instead, the bill will raise taxes on nearly every income bracket, spend billions of dollars in Green New Deal waste, double the size of the IRS, and grow big government. This bill is bad for Indiana and won\u2019t help bring relief to those struggling in this challenging economy.\u201d\n\nAccording to analysis by the nonpartisan Joint Committee on Taxation, the legislation will increase the average tax burden on Americans in nearly every income bracket, including those making under $10,000. The legislation will rapidly grow the size of the IRS, likely leading to increased audits of low- and middle-income taxpayers. And according to the Congressional Budget Office, 93% of the bill\u2019s promised deficit savings would come after 2026.\n\nSenator Young filed amendments and motions to:\n\nPrevent Washington Democrats from raising taxes on anyone making less than $400,000 per year, consistent with President Biden\u2019s repeated pledge\n\nProtect innovation of and access to affordable antibiotics\n\nEnsure the new Medicare Drug Price Negotiation Program would not go into effect if it discourages access to pharmaceuticals, if there is a public health emergency, or if it will hurt our economic competitiveness against China\n\nAdd funding for states to implement Safe Haven Baby Boxes\n\nProvide more resources for veterans\u2019 mental health care\n\nStrike a provision to create a $27 billion federal bank for green energy projects\n\nExtend Section 174 to allow immediate expensing of R&D costs\n\nProvide free TSA PreCheck for certain severely injured or disabled veterans\n\nRequire the IRS to identify, investigate, and prosecute fraudulent claims for the bill\u2019s clean vehicle tax credit\n\nEliminate any tax provision in the bill if it may be used to fund or otherwise subsidize the purchase of materials, technology, or critical minerals produced in China", 1, "2026-03-30T01:40:41Z", "2026-04-06T18:26:22Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.young.senate.gov/newsroom/press-releases/young-votes-against-reckless-tax-and-spend-bill-amidst-worst-inflation-in-forty-years/"], "units": {}, "query_ms": 1.4690496027469635, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}