The Issue: Senate Democrats’ passing of the $740 billion “Inflation Reduction Act” on Sunday.
The Senate has failed us (“Veep deciding vote as $740B bill OK’d,” Aug. 8).
To the House: This is your chance to prove your worth and stop this reckless spending bill, ironically named the “Inflation Reduction Act.”
One wonders if anyone in Congress took an economics class. Simply put: More excessive spending, no matter the cloaked reasoning, will only exacerbate inflation.
And by the way, an economic collapse would do far greater harm to humanity than the changes in climate due to nature and man combined. That is the real inconvenient truth.
If you Google “Inflation Reduction Act,” almost all of the resulting stories are about the bill’s effect on climate change with no mention of the economy.
Is this the Inflation Reduction Act or the Climate Change Reduction Act? While we’re on the subject, when was the last time Congress passed a single-issue bill that wasn’t all over the place like an open can of worms?
Sen. Chuck Schumer deserves to take a victory lap for being one of the most effective lawmakers ever sent to Washington from New York.
Schumer’s leadership in getting a climate-action law approved (and helping to lower the cost of prescription drugs) is not only appreciated by today’s generation of Americans but will also be appreciated by our grandchildren and their children.
How many other elected officials can claim to have produced a law that could help save our planet and help provide medicines to people who normally could not afford life-saving drugs? A big thank you. You have proved that Washington works.
Well, the Democrats got something they’ve wanted for months: more tax-and-spend legislation.
It was appropriately passed by 51 votes — 50 Democrats and a tie-breaking vote from Vice President Kamala Harris. No Republicans voted for this charade. Thank God for that.
Included in this phony bill is major funding to increase the IRS staff by over 80,000 employees. Here comes Big Brother.
As a former IRS revenue enforcement agent, I can tell you that the army of agents will not just go after the major corporations, but all the others, including mom-and-pop businesses. And when the IRS can’t get enough from them to cover the cost of this joke of a bill, it will come after the middle class.
Richard A. Ketay
Since the IRS will get an additional $80 billion, will it truly collect more than $80 billion in additional revenue?
Or do politicians do things on the premise that they’ll get a return on this investment in 10 years and don’t care because no one will remember?
This so called “Inflation Reduction Act” is an abomination. To call it that is truly putting lipstick on a pig.
It has absolutely nothing to do with reducing inflation, but does pander to the lunatic left.
It will increase taxes on middle-class Americans who cannot afford it as well as increasing the tax on manufacturers and on gas-and-oil producers and doubling the size of the IRS.
I agree with Sen. John Kennedy when he said: “It takes a special kind of stupid to pass this bill.”
If Senate Democrats were part of a fire department, they’d use gasoline to put out a fire rather than water.
Concerning the Senate’s passage of the “Inflation Reduction Act,” President Biden said it funds health care “and God knows what else.”
This reminds me of what House Speaker Nancy Pelosi said about the 2010 Patient Protection and Affordable Care Act: “We have to pass the bill, so that you can find out what is in it.”
So much for transparency in government on the part of Biden, Schumer and Pelosi.
Would anyone take out a bank loan, home mortgage or new credit card without first reading and understanding the fine print?
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