Press Releases

Ted Budd Sells Out American Workers

Aug 12, 2022

Budd voted against the Inflation Reduction Act after taking a million from corporate special interests

Today, Ted Budd sold out American workers and families in order to curry favor with his corporate special interest backers. After taking a million from Big Pharma, Big Oil, and other corporate special interests, he voted against the Inflation Reduction Act that would help millions of North Carolina’s workers.

The bill:  

  • Lowers prescription drug and health care costs by allowing Medicare to negotiate prescription drug prices and extending Affordable Care Act benefits to millions of Americans.

  • Forces Billionaires and Big Corporations to Pay What they Owe by closing tax loopholes, ensuring big corporations pay taxes at a minimum what small businesses do and strengthening IRS enforcement so billionaires and corporations can’t cheat on their taxes.

  • Makes Historic Investments in Energy and American Manufacturing by supporting domestic clean energy development that will reduce carbon emissions, while creating millions of manufacturing jobs.

  • Reduces the Deficit by $300 billion dollars over the next 10 years.

“Budd is so caught up in doing the bidding of corporate and partisan special interests, that he’s willing to sink North Carolina’s economy and workers,” said End Citizens United // Let America Vote President Tiffany Muller. “There is no clearer contrast – Cheri Beasley will fight hard for the working people of North Carolina while Budd continues to side with corporate and partisan special interests.”