They're going to pack a bill with hundreds of billions in cultist climate change pork, double the size of the IRS and then label it 'Inflation Reduction Act'....even though it will clearly worsen inflation. Oh wait. That's the Democrat plan.
But don't take my word for it. Ask the 369 Economists who signed the "Concerned Economists" letter about this folly.
[W]e agree with the urgent need to reduce inflation, but the “Inflation Reduction Act of 2022” is a misleading label applied to a bill that would likely achieve the exact opposite effect.
Or maybe just ask the CBO which sees no inflation reduction in the Democrat plan.
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On the other side:
1. Republicans will try to reverse Joe Biden and the Democrats' war on fossil fuels.
2. Republicans will want to claw back any unspent money from the various Democrat boondoggles that have contributed to this mess.
3. Republicans will want to cut back on crippling Federal Government overreach/burdensome regulations and work on improving the supply side of this equation.
Of course that's going to be hard to pass without a Republican President and a Super Majority in the Senate but I hope to see serious common sense legislation addressing Biden's failed energy policy, Democrat overspending and Federal Government overreach. Make the Democrats go on record rejecting real solutions to our economic problems and usher in a Republican sweep in '24.
Obama said to never underestimate Joe's ability to Fuck things up. Let's just hope Joe and the Fed don't have us in World War III and another Great Depression by the time 2024 rolls around.
Biden’s Radical, Anti-Fossil Fuel Energy Policy Costs Americans Dearly | The Heritage Foundation
“Inflation Reduction Act” Is Euphemism for Big Government Socialism, Higher Prices | The Heritage Foundation
