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Episode 11: Government Obligated To Control Itself
Deb and Bill discuss the Inflation Reduction Act. What's in the Act, and will it really do what its ambitious title promises? Are there any surprises hidden within? What is it designed to do? From energy to the IRS, we discuss all that and more in today's episode.
"In framing a government which is to be administered by men over men you must first enable the government to control the governed; and in the next place oblige it to control itself.”
― James Madison
References and further reading:
Text - H.R.5376 - 117th Congress (2021-2022): Inflation Reduction Act of 2022 | Congress.gov | Library of Congress
https://www.cbo.gov/publication/58366
https://www.theverge.com/23310457/inflation-reduction-act-ev-tax-credit-act-explainer-how-to
http://www.shadowstats.com/alternate_data/inflation-charts
Inflation Act of 2022: Revenue and Climate Provisions (natlawreview.com)
Breaking Down the Inflation Reduction Act (natlawreview.com)
https://www.washingtonexaminer.com/opinion/86-852-new-irs-employees
https://fiscaldata.treasury.gov/national-deficit/
https://datalab.usaspending.gov/americas-finance-guide/spending/trends/
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