Resource support

Tester to support the Inflation Reduction Act; Daines asks for amendments

Missoula Current

A bill targeting health care and climate change moved closer to passage on Sunday, although the two U.S. senators from Montana took a different stance on the course of the legislation.

In a statement on Saturday, Senator Jon Tester said he plans to vote for the Cut Inflation Act, adding that it will reduce prescription drug prices and increase energy production while remaining responsible. from a tax point of view.

“Montana’s families and small businesses have been hit hard by rising costs, and this bill will cut the deficit, lower prescription drug prices, and free up America’s energy, all without raising taxes on families. of Montana,” Tester said.

Tester pointed to a number of provisions of the bill, saying it will allow Medicare to use its buying power to negotiate drug prices and cap out-of-pocket prescription drug costs for Medicare beneficiaries at $2,000 per year.

On the energy side, Tester said the bill would expand offshore oil and gas leasing, allow the Home Office to develop renewable energy on public lands and extend tax credits for investments in renewable energy.

“The Cut Inflation Act is fully paid for and more, and it will increase US energy production,” Tester said. “The people of Montana want solutions to fight inflation and create jobs.”

Senator Steve Daines called the measure “a massive tax and spending bill.” In a weekend statement, Daines said he would push for a number of amendments “to make the bill better for Montanese.”

Among the amendments, Daines sought to remove any increase in royalty rates and fees for new oil and gas leases, and create a mandatory level of timber harvesting in Montana counties.

Daines, who welcomed the recent Supreme Court ruling on abortion, said he also wanted to include an amendment to support pregnant women by funding pregnancy resource centers and expand the tax credit for children to be applied before birth.

It also sought to allow mothers to apply for child support before birth and to increase access to the adoption tax credit.

“The senator is introducing many more amendments to support public lands, promote common sense forest management, and reduce the national debt, and he plans to support many more to remove and defeat Democrats’ tax and spending policies. “Daines’ office said in a statement.