WASHINGTON–U.S. Senator Chris Murphy (D-Conn.) on Sunday released the following statement after the U.S. Senate passed the Inflation Reduction Act:

“For decades, Big Pharma and the fossil fuel lobby blocked every effort in Congress to shift power from these corporate elites to struggling Americans. The Inflation Reduction Act will lower drug prices for seniors, cut health care costs, invest in clean energy, cut electricity costs, all while creating millions of jobs and making sure big corporations and the wealthy finally pay their fair share. Like the gun safety bill represented a fundamental break from the era of gun industry control of Washington, this bill marks a break from decades of oil industry and drug company ownership of federal policy. This bill will make life better and cheaper for regular Americans, and it stands as part of an unprecedented string of legislative successes by this Congress,” said Murphy.