The Epoch Times by Tom Ozimek
The passage of the Inflation Reduction Act over the weekend brings the total amount of spending in the pipeline by congressional Democrats to around $3.5 trillion since President Joe Biden took office, with the imposing tally coming as Americans struggle with an inflationary cost-of-living crisis.
Senators passed the sweeping bill (pdf), estimated at $740 billion, in a 51–50 vote on Aug. 7, with Vice President Kamala Harris casting the tie-breaking vote.
The package, which Republicans have panned as a tax-and-spend bonanza and the nonpartisan Congressional Budget Office (CBO) said would have a negligible impact on inflation, next goes to the House for consideration…
