Economy
Congresswoman Ocasio-Cortez is fighting to create a more just economy: one in which workers share in the profits their work creates, and corporations cannot endlessly drive up prices of critical goods like medicine and food. Last year, she helped pass the Inflation Reduction Act, which institutes a 15% minimum tax rate on wealthy corporations that have long-avoided paying any taxes at all, and caps the cost of insulin at $35 each month.
The Congresswoman is also working hard to create good jobs and support our small businesses. Her first piece of legislation, the Green New Deal, would create millions of jobs building up our nation’s infrastructure. As the daughter of a small business owner, Rep. Ocasio-Cortez also fought to protect small business owners from evictions during the pandemic.
For more of the Congresswoman’s economic policies, please read below.
More on Economy
WASHINGTON, D.C. – Today, Representative Alexandria Ocasio-Cortez (NY-14) released the following statement following the House passage of the Geothermal Cost-Recovery Authority Act within the bipartisan Geothermal Energy Advancement Act.
Washington, D.C.–Today, Representative Alexandria Ocasio-Cortez (NY-14) and Senator Patty Murray (D-WA) introduced the Fair Wages for Home Care Workers Act, legislation that would amend the Fair Labor Standards Act of 1938 to guarantee minimum wage and overtime protections for over 3 million home care workers.
Washington, D.C. - Today, Congresswoman Alexandria Ocasio-Cortez (NY-14), Congresswoman Rosa DeLauro (CT-03), and Congresswoman Angie Craig (MN-02) introduced the No Gratuitous Overcharging Ubiquitous Global Exports (No GOUGE) Act, which takes a comprehensive approach to crack down on corporate price gouging tactics made possible by President Trump’s tariffs.
Over 350 community members attended and 1,500 pounds of fresh produce, halal turkeys, and chicken were distributed.
The Bronx, N.Y. - This weekend, Representative Alexandria Ocasio-Cortez (NY-14) joined the Throggs Neck Community Alliance and GrowNYC for a food distribution in Throggs Neck. The fresh produce was purchased directly from regional farmers and distributed from GrowNYC’s Regional Food Hub to community members for free.
Washington, D.C. - Today, Representative Alexandria Ocasio-Cortez (D-NY) highlighted the psychological and economic dangers of Artificial Intelligence during a hearing in the Subcommittee on Oversight and Investigations of the Committee on Energy and Commerce.
Find Representative Ocasio-Cortez’s remarks as delivered below:
The FY 26 Energy and Water Appropriations Act includes a study on demand response and load flexibility, two potential solutions to ease the energy and cost burdens of AI data centers on consumers and prevent blackouts
Washington, D.C.– Representative Alexandria Ocasio-Cortez (NY-14) and Representative Anna Paulina Luna (FL-13) introduced legislation that would immediately cap credit card interest rates at 10%. Senators Bernie Sanders (I-VT) and Josh Hawley (R-MO) introduced companion legislation last month in the Senate.
A tweet stemming from a parody account impersonating U.S. Representative Alexandria Ocasio-Cortez is being taken seriously by users online.
President Biden recently signed the Inflation Reduction Act (IRA) into law. The IRA is designed to reduce inflation, fight climate change, lower the cost of health care , and make the wealthiest pay their fair share. Here are some of the wins we secured in the bill: