Seeing Democrats taking this issue seriously is a welcome change! It will take both parties to tackle inflation, so we should be grateful that they can come together on this crisis, even if there is so much disagreement elsewhere. Now, we just need them to address the root causes of federal debt and money printing, not just the symptoms. 

From CNBC. A coalition of moderate House Democrats is urging the party to fight harder to combat inflation, calling for action on issues ranging from tariffs to immigration and drug prices.

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The list of proposals Wednesday from the New Democrats, the largest voting bloc in the caucus, calls for executive action by the White House and legislation in Congress. . . . .

In a letter Wednesday, the New Democrats pushed House leadership to use “every legislative week to advance an affordability agenda.”

The platform comes as the Biden administration ramps up its public response to inflation, which has strained consumers as it sits near 40-year highs. . . . .

But several of the proposals from the New Democrats go beyond what the White House has embraced. . . . .

The New Dems are also urging the administration to continue releasing oil from the Strategic Petroleum Reserve to help bring down prices. . . . .

In addition, the group is emphasizing workforce and immigration: the coalition wants to reform licensing requirements and noncompete agreements, increase the number of high-skilled visas and create a pathway to citizenship for the so-called Dreamers. . . .

“The president doesn’t have a serious plan to address inflation, and his so-called solutions will only make things worse,” said Rep. Kevin Brady of Texas, the top Republican on the House Ways and Means committee. . . .

The group has been a strong supporter of the bipartisan innovation bill to address supply chain logjams, invest in next-generation research and development, and, perhaps most critically, provide $52 billion to support the domestic semiconductor industry. Democrats are already negotiating that bill with Republicans.

The group also outlined provisions from . . . Build Back Better. . . that it could support in any new scaled-down version. They include extending subsidies for Affordable Care Act premiums, preserving the enhanced child tax credit, capping the cost of insulin and allowing Medicare to negotiate the cost of some drug prices. . . .

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(Excerpt from CNBC. Photo Credit: Getty Images.)