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The Democrat-concocted Inflation Reduction Act (IRA) recalls 1996’s “The English Patient.” Like the IRA, this film sounded alluring but proved bloated and disappointing. And, eventually, I fell in hate with the most overrated film in motion picture history.
The Senate passed this legislative blazing wreck on Sunday — 51-50. It bears the fingerprints of Democrat Senators Chuck Schumer of New York and Joe Manchin of West Virginia. Their 725-page ruin belies its billing, beginning with its fraudulent title. While Americans reel under 9.1 percent year-over-year inflation, IRA neglects the worst price surge since November 1981.
“I want to take a moment to say a few words about the so-called Inflation Reduction Act,” Sen. Bernie Sanders, I-Vt., said Saturday. “I say ‘so-called,’ by the way, because, according to the CBO and other economic organizations that study this bill, it will, in fact, have a minimal impact on inflation.”
DEMOCRATS’ INFLATION REDUCTION ACT IS REALLY BUILD BACK BETTER 2.0 AND IT’S A SCAM
Sen. Chris Coons, D-Del., told ABC News on Sunday that, “we may not see huge impacts on inflation in the first or second year,” if IRA becomes law.
The Penn Wharton Budget Model politely mocks Democrat inflation-reduction claims. “The Act would very slightly increase inflation until 2024 and decrease inflation thereafter,” University of Pennsylvania economists reckon. “These point estimates are statistically
