Inflation Reduction Act of 2022 Good, Bad, or a Scam?!

President Joe Biden and The House of Representatives are fully on board with the Inflation Reduction Act of 2022. The bill involves at least $260 billion in spending over 10 years, with a focus on energy and climate, but it would raise taxes by more than that, a congressional analysis found. #joebiden #buildbackbetter #nancypelosi

President Biden announced a $4 trillion domestic spending agenda. More than a year later, the chunk of that plan that appears most likely to pass — the result of an agreement struck last week between Senator Chuck Schumer of New York, the majority leader, and Senator Joe Manchin of West Virginia, a centrist Democrat — will be considerably smaller.
https://www.crfb.org/blogs/update-build-back-better-offsets

https://www.nytimes.com/2022/08/02/business/dealbook/inflation-reduction-act-analysis.html