Economy and Jobs

WASHINGTON, D.C.—Today, Congressman John Garamendi (D-CA) voted to pass the "Inflation Reduction Act of 2022" (H.R. 5376) in the U.S. House of Representatives. The legislation already passed the U.S. Senate and passed the House today by a vote of 220 to 207. The legislation provides the single largest investment to combat climate change ever, saves Americans an average of $220 in home energy costs each year, reduces inflation, lowers healthcare costs, and closes tax loopholes that giant corporations exploit to pay a lower tax rate than the middle-class.

WASHINGTON, D.C.—Today, Congressman John Garamendi (D-CA) commended the Senate passage of the "Inflation Reduction Act of 2022" (H.R. 5376). The legislation provides the single largest investment to combat climate change ever, saves Americans an average of $220 in home energy costs each year, reduces inflation, lowers healthcare costs, and closes tax loopholes that giant corporations exploit to pay a lower tax rate than the middle-class.

WASHINGTON, D.C – Today, Congressman John Garamendi (D-CA) voted for historic, bipartisan legislation to strengthen Californian families' financial future, boost America's research advantage, and safeguard our economic and national security for generations to come. The "CHIPS and Science Act" will deliver a powerful investment in America's global competitiveness – creating jobs, slashing kitchen table costs, ending dependence on foreign manufacturers, and turbocharging American innovation.

WASHINGTON, D.C.—Today, Congressman John Garamendi (D-CA) issued the following statement in support of Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin's (D-WV) bill, the "Inflation Reduction Act of 2022," which will be considered under Budget Reconciliation in the U.S. Senate and therefore will not be subject to the filibuster rule:

SOLANO COUNTY, CA—Today, Congressmen John Garamendi (D-CA03), Jim Costa (D-CA16), and Mike Thompson (D-CA05) introduced the "American Port Access Privileges Act" (H.R.8243) to put U.S. exporters at the front of the line at our ports and support the American economy.

WASHINGTON, D.C.—Today, Congressman John Garamendi (D-CA) joined President Joe Biden, Senator Amy Klobuchar (D-MN), Senator John Thune (R-SD), and Representative Dusty Johnson (R-SD) at the White House as President Biden signed Garamendi's Ocean Shipping Reform Act into law.

Washington, D.C.—Today, Congressman John Garamendi (D-CA) applauded the final passage of his bicameral, "Ocean Shipping Reform Act" in the U.S. House of Representatives by a strong bipartisan vote of 369 to 42. The legislation already passed the U.S. Senate and now heads to President Biden's desk to be signed into law.

WASHINGTON, DC – Today, U.S. Representatives John Garamendi (CA-03) and Mark Pocan (WI-02) sent a letter to Secretary of Defense Lloyd Austin requesting him to scrutinize mergers in the defense industry.