Economy

Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the Inflation Reduction Act, landmark legislation to lower costs for families, create millions of good-paying jobs, deliver the most significant action on climate in history, and dramatically reduce the deficit. The bill now heads to President Biden’s desk to be signed into law.  

Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the CHIPS and Science Act, a bipartisan investment in American semiconductor components to end the chip shortage, lower costs for families, and create hundreds of thousands of union jobs. This bill is now headed to President Biden’s desk to be signed into law.  

Hartford, CT – Today, Rep. John B. Larson (CT-01) released the following statement after his legislation, the Formula Act, was signed into law by President Biden.  

Washington, D.C. - Today, members of the Connecticut Congressional Delegation, Representatives John B. Larson (CT-01), Rosa DeLauro (CT-03), and Joe Courtney (CT-02) sent a letter to President Biden urging him to utilize the full powers of the Defense Production Act as another tool to lower gas prices now and fight the high prices Americans are facing at the pump. Gas prices have begun to fall, but enacting the power of the Defense Production Act will further lower prices and prevent a future spike.  

WASHINGTON, D.C.—Today, Congressman John B. Larson (CT-01), Earl Blumenauer (OR-03), Suzan DelBene (WA-01), and Dan Kildee (MI-05) introduced the Affordable and Accessible Infant Formula Act in response to critical infant formula shortages nationwide. As the United States faces a worsening infant formula shortage, the Food and Drug Administration has allowed formula to be imported from around the world.

Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the Lower Food & Fuel Costs Act, a package of bipartisan bills to lower prices for America’s families in the grocery aisle and at the gas pump.  

Washington, D.C. -  During today’s Ways and Means Committee hearing, “Burnout Epidemic and What Working Women Need for A Stronger Economy,” Rep. John B. Larson (CT-01) criticized Republicans’ calls for inaction while highlighting the need for affordable, accessible, and quality childcare.  

Washington, D.C. – During today’s Ways and Means Committee hearing on the proposed FY23 budget with Treasury Secretary Janet Yellen, Rep. John B. Larson (CT-01) highlighted how programs like the Affordable Care Act, Child Tax Credit, Social Security, and Medicare help American families, especially during times of inflation.