Sinema-Shaped Inflation Reduction Act Passes the Senate

Aug 7, 2022

Sinema secured provisions to grow Arizona’s economy, make health care more affordable and accessible for Arizonans, and boost drought resources for Arizona and the West

WASHINGTON – Arizona senior Senator Kyrsten Sinema released the following statement on Senate’s passage of the Inflation Reduction Act – legislation she shaped to accomplish her two goals: helping Arizona’s economy grow and compete, and boosting drought and climate resources for Arizona and the entire American West:
“We’re proud our negotiations ensured the Inflation Reduction Act – which passed the Senate today and moves one step closer to law – will help Arizonans build better lives for themselves and their families by lowering prices, making health care more affordable and accessible, and securing Arizona’s water and energy future. Critically, we accomplished these goals while boosting innovation and spurring job creation so Arizona’s economy can continue to grow and thrive.”
Senator Sinema was instrumental in negotiating the historic, transformative Medicare drug negotiation plan included in the Inflation Reduction Act that will reduce out-of-pocket costs for seniors, save taxpayer dollars, and protect innovation to ensure Arizonans and Americans continue to have access to life-saving medications, and new cures and therapeutics.
Senator Sinema also ensured the Inflation Reduction Act included critical resources for drought resiliency for Arizona and the entire American West. She would not support the Inflation Reduction Act without ensuring the legislation included adequate climate resources to secure Arizona’s water and economic future. 
For over a year, Senator Sinema has been consistent that she supports tax reforms and revenue options that target tax avoidance, make the tax code more efficient, and support Arizona’s economic growth and competitiveness. At a time of record inflation, rising interest rates, and slowing economic growth, Senator Sinema knows that disincentivizing investments in Arizona businesses would hurt Arizona’s economy’s ability to create jobs, and she ensured the Inflation Reduction Act helps Arizona’s economy grow.