Senator highlighted her leadership in achieving multiple bipartisan victories that will boost economic opportunities in Arizona – including the Chips and Science Act and the Infrastructure Investment and Jobs Act
WASHINGTON – Arizona senior Senator Kyrsten Sinema spoke with the Arizona Chamber of Commerce about her work expanding economic opportunities, lowering prices, and advancing pro-growth policies for Arizona’s business community.
“Arizonans don’t view solutions to the problems they face through red or blue lenses. Instead, they focus their energies on building better lives for themselves and their families. That’s exactly the approach I take as Arizona’s senior Senator, and that approach has delivered results,” said Sinema.
Roughly 99.5% of Arizona’s businesses are small businesses, and Sinema is focusing on advancing pro-growth policies that promote economic competitiveness and ensure small and mid-sized businesses have the resources they need to thrive.
For over a year, Sinema heard from local employers across Arizona underscoring their concerns with changing tax policies that would hinder their ability to create jobs, grow the economy, and compete. Sinema has been consistent in her support of tax reforms and revenue options that target tax avoidance, make the tax code more efficient, and support Arizona’s economic growth and competitiveness. That is why Sinema ensured the Inflation Reduction Act – which was signed into law last month – did not include provisions that would disincentivize investments in Arizona businesses and hurt their ability to create jobs and compete.
Sinema also recognized that Arizona’s economic prosperity depends on the state’s water security and future, which is why she withheld her support for the Inflation Reduction Act until significant resources for drought resilience were included. The final package includes an extra $4 billion for drought mitigation, funding Sinema and Arizona water experts insist was necessary to preserve shrinking water levels and enhance water reliability in the American West.
Additionally, Sinema pointed to how her bipartisan Chips and Science Act, which was signed into law last month, makes the largest investment in American semiconductor manufacturing in U.S. history – addressing critical supply chain challenges, supporting thousands of Arizona jobs, strengthening national security, lowering costs for families in Arizona and across the country, and more.
Sinema highlighted that partisan Washington political games jeopardized the size and scope of the Chips and Science Act and threatened Congress’s ability to pass a robust piece of legislation tackling economic challenges now and shaping the economy into the future. Highlighting her leadership in bringing colleagues together with Republican Senator Todd Young (Ind.), Sinema emphasized the importance of bipartisan collaboration, which ultimately led the legislation into law.
Last year, Sinema spearheaded negotiations on the historic bipartisan Infrastructure Investment and Jobs law – a once-in-a-generation investment in the nation’s crumbling infrastructure. Working with a group of 10 senators, five from each party, Sinema delivered a historic plan to rebuild America’s infrastructure that ultimately earned a bipartisan majority in the U.S. House and more than two-thirds of the U.S. Senate.