Lowering Costs for Families

As a husband and father of two, Mike knows first-hand the challenges that rising costs pose for families. He has taken decisive action to ease supply chain shortages, promote domestic manufacturing, and lower costs from the gas station to the grocery store.

Decades of underinvestment in U.S. infrastructure left our supply chains vulnerable to pandemic-caused shocks, which is why Mike helped pass the Bipartisan Infrastructure Law to strengthen our supply chains, modernize our ports, repair our railways, and rebuild our roads. These actions will help get goods to market faster and cheaper.

Mike also supported the CHIPS and Science Act to bring microchip production back to America. This legislation makes a $52 billion investment in our domestic chip industry, creating good-paying jobs here at home, reducing our exposure to foreign supply chain disruptions, and lowering the costs of everyday goods.

Mike believes it is wrong that Big Oil is making record profits while we are paying record gas prices. He helped write the Consumer Fuel Price Gouging Prevention Act, which the House of Representatives passed, to stop corporate price gouging and lower gas prices. Mike also supports the President’s action to open our strategic oil reserves, increase supply, and lower prices.

Mike also helped pass the Inflation Reduction Act to lower the costs of prescription drugs and health care, reduce energy costs, and more. For the first time, Medicare will negotiate lower prices for the highest cost drugs covered by Medicare, saving more than $100 billion over 10 years. It is also going to lower energy costs for consumers with $9 billion in consumer home energy rebate programs, energy efficiency tax credits, clean vehicle tax credits for middle- and low-income families, and more.

Lastly, Mike was proud to vote for the Lower Food and Fuel Costs Act to strengthen competition in our meat and poultry sector, and the Ocean Shipping Reform Act to promote fair business practices among shipping carriers and streamline the process of getting goods off of vessels and onto shelves.

Mike will continue to use every tool at his disposal to promote competition, produce goods here in America, and lower costs for families.