Sanders Says Senate Bill ‘Nowhere Near’ Enough as Dems, GOP Tank His Amendments

After his amendments to expand Medicare and strip out giveaways to the fossil fuel industry faced defeat in near-unanimous votes by Democrats and Republicans, Sen. Bernie Sanders on Sunday supported the final passage of the so-called Inflation Reduction Act but said it “goes nowhere near far enough in addressing the problems facing struggling working families.”

Sanders, the chair of the Senate Budget Committee, offered amendments that would have removed oil and gas handouts from the reconciliation bill; added dental, hearing, and vision coverage to Medicare; established a Civilian Conservation Corps; strengthened the measure’s drug price provisions; revived the expanded child tax credit; and hiked the corporate tax rate.

The Vermont senator was the lone yes vote on all but one of his amendments; Sens. Raphael Warnock (D-Ga.) and Jon Ossoff (D-Ga.) supported the proposal to expand Medicare.

Despite his concerns and warnings about the bill—which was repeatedly weakened in the days leading up to Sunday’s vote—Sanders said in a statement after voting yes on the final package that “it is a step forward” and he “was happy to support it.”

“At a time when we face the existential crisis of climate change, the most significant part of this bill is an unprecedented $300 billion investment in clean energy and energy efficiency, including a $7 billion solar rooftop proposal that I introduced,” said Sanders. “This bill could help increase U.S. solar energy by 500% and more than double wind energy by 2035. That is no small thing.”

“This bill also begins the work of making the wealthy and large corporations pay their fair share in taxes by imposing a 15% minimum tax on corporations,” the senator continued. “It also gives the IRS the resources they need to pursue the estimated $1 trillion in taxes not paid by the wealthiest people in this country, and will help ordinary, working people get their returns faster.”

“This legislation also takes a small step in dealing with the outrageous prices of prescription drugs,” he continued. “Finally, we are giving Medicare the power to directly negotiate prescription drug prices with manufacturers on behalf of beneficiaries. Unfortunately, that provision does not kick in until 2026 and starts with only ten drugs.”

The Inflation Reduction Act represents a dramatic step back from the $3.5 trillion framework that Senate Democrats agreed to pursue in July 2021, when the party’s leadership had hopes of approving transformational climate action, enacting universal pre-K, making child care and housing affordable, and expanding Medicare.

It’s unclear whether any House progressives will mount a push to change the legislation before sending it to President Joe Biden for his signature.

Originally published at Commondreams.org.