‘Inflation Reduction Act’ Has No Inflation Reduction

If the Orwellian sounding ‘Inflation Reduction Act’ has only a negligible impact on inflation, then why are we doing this? America would be way better off not passing this bill.

Senator Manchin at the Capitol, August 1, 2022. The CBO reports that the Manchin-Schumer bill would have only a negligible impact on inflation. AP/J. Scott Applewhite, file

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