Democratic lawmakers marked the third anniversary of the Inflation Reduction Act, reiterating that the 2022 law capped insulin at $35 for Medicare recipients, lowered prescription-drug prices, trimmed energy bills and attracted an estimated $422 billion in clean-energy investment tied to nearly 500,000 jobs. They warned that former President Donald Trump and Republican leaders are moving to dismantle the measure’s climate and health-care provisions. Republicans countered that the Inflation Reduction Act burdened working families and pointed to Trump’s newly enacted One Big Beautiful Bill as the cornerstone of their economic agenda. Signed on July 4, the legislation extends a 20 percent tax deduction for pass-through businesses and allows 100 percent immediate expensing of equipment purchases. A Tax Foundation analysis circulated by the White House and highlighted by Newsweek projects the Trump law will lower federal taxes by an average of $3,752 per taxpayer in 2026 and generate about 938,000 full-time jobs over the long run. Supporters say the package is boosting small-business optimism, while Democrats argue the promised tax relief comes at the cost of rolling back clean-energy gains. The clash signals a widening policy divide ahead of next year’s elections.