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Here's the Truth About What "Inflation Reduction Act" Would Do

As Senate Democrats achieve their goal of jamming through the so-called Inflation Reduction Act, reality is becoming clear: The bill will likely increase near-term inflation, depress household incomes, and produce the long-term deficits that fuel long-term inflation. ....

United States , Joe Manchin , Milton Friedman , Joe Biden , Senate Democrats , Congressional Budget Office , Federal Reserve , Inflation Reduction Act , Trump Era Medicare , President Joe Biden ,

Gimmicks in 'Inflation Reduction Act' Mask True Costs, Inflationary Deficits

The Inflation Reduction Act uses three common Hill gimmicks to mask its true costs: expiration dates, ignoring costs and indirect tax burdens. ....

United States , Joe Manchin , Milton Friedman , Joe Biden , Senate Democrats , Congressional Budget Office , Federal Reserve , Inflation Reduction Act , Trump Era Medicare , President Joe Biden ,