After Senate Passage, Democrats Drop Claim of Inflation Reduction Within Inflation Reduction Act, Sundance

After Senate Passage, Democrats Drop Claim of Inflation Reduction Within Inflation Reduction Act

August 8, 2022 | Sundance

The bill itself contains absolutely nothing that will lower inflation; in fact, the bill itself will raise supply-side inflation in direct proportion to the energy production it reduces. To offset the contracted revenue caused by a much smaller economy, the Democrats have doubled the IRS tax army that will enforce personal income tax compliance.

The bill passed containing the same provisions as it always did, it’s the Green New Deal spending and tax proposal.