LINCOLN- While President Biden signed the 'CHIPS' act earlier this week, Congressman Mike Flood visited Lincoln to tour several large Lincoln employers, including Kawasaki, Hudl, and Olsson. While there, Flood denounced the Inflation Reduction Act, which passed in the Senate earlier this week.

The Inflation Reduction Act seeks to combat climate change, lower healthcare costs, raise taxes on some billion-dollar corporations, and reduce the federal deficit. It is the cornerstone of Biden's economic plan, and the culmination of months of infighting and concession.

Touting his wish for the United States to become more reliant on local goods, Flood stated that he plans to vote against the Inflation Reduction Act, claiming that it includes massive tax hikes and increases our dependence on Chinese goods.

During the statement, Flood also stated that "...it starts with supporting businesses in our community, making sure that the people creating the jobs are in an environment where they can create more. That we are easy to work with. And that we secure not only our supply chains and make sure that we can move product around the world, but that we open new markets for American products. I think they're tone deaf. Like we cannot afford this as Americans."

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