Late on Wednesday, July 27th, Senate Majority Leader Chuck Schumer along with Senate maverick Joe Manchin announced the Inflation Reduction Act, a massive increase in spending accompanied by even more massive increases in taxes (at 725 pages they could have used a bit of inflation reduction on the legislation itself).
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The Deficit Reduction Dance
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Late on Wednesday, July 27th, Senate Majority Leader Chuck Schumer along with Senate maverick Joe Manchin announced the Inflation Reduction Act, a massive increase in spending accompanied by even more massive increases in taxes (at 725 pages they could have used a bit of inflation reduction on the legislation itself).