Democrats Vow to Curb Inflation as GOP Savors Told-You-So Moment
- Senate could hold votes in March, with or without GOP support
- Gas-tax holiday and prescription drugs among proposals
Senate Majority Leader Chuck Schumer at the U.S. Capitol on Feb. 15, 2022.
Photographer: Sarah Silbiger/BloombergThis article is for subscribers only.
Congressional Democrats grappling with surging inflation nine months before the midterm elections are lining up legislation to address rising gas, medical and food costs -- or at least show voters they’re trying.
Democrats, particularly those in hotly competitive races, just introduced legislation that would suspend the federal 18-cents-per-gallon gas tax until next year and are drafting a bill that would reduce insulin prices. Other options include pulling out popular pieces of President Joe Biden’s stalled economic agenda addressing prescription drug prices and child care costs.