Commentary During the August break, every Republican House and Senate candidate should challenge their Democrat opponents to defend the new, destructive, and unpopular Joe Manchin-Chuck Schumer bill. Democrats hope to camouflage the bill by calling it the “Inflation Reduction Act of 2022.” In the business world, this title would lead to a lawsuit over false…
Inflation Reduction Act Will Raise Taxes, Add to Stagflation, Critics Warn
President Joe Biden and the Democrats claim that the breakthrough Inflation Reduction Act (IRA) of 2022 is a landmark bill that will fight inflation, trim the federal deficit, and support the growth-generating green economy. The bill proposes a 15 percent corporate minimum tax rate, Affordable Care Act (ACA) subsidy extensions, prescription drug price reform, green…
The Dems’ New Proposal Does Nothing to Lower Inflation
Commentary The first thing to remember about the reconciliation bill Sens. Joe Manchin and Chuck Schumer agreed to Wednesday is that, despite its utterly preposterous name, it has absolutely zero to do with inflation. The Inflation Reduction Act of 2022 is crammed with the very same spending, corporate welfare, price fixing and tax hikes that…
Manchin Says He’ll Talk to Sinema About Supporting Reconciliation Spending Bill
Sen. Joe Manchin (D-W.Va.) says he’ll speak to fellow moderate Sen. Kyrsten Sinema (D-Ariz.) about supporting the Inflation Reduction Act (IRA) reconciliation package. The IRA, a compromise reconciliation package hammered out over months of negotiations between Manchin and Senate Majority Leader Chuck Schumer (D-N.Y.), would substantially change tax law in order to fund new climate…
Biden’s Legislative Success Will Seal His Fate
Commentary As one who has considered the Biden–Sanders so-called compromise Democratic platform of 2020 a potentially mortal threat to American civilization and accordingly to the preeminence of the West in the affairs of the whole world, I’m pleased that a good part of it appears now to be likely of adoption. What has been billed…
Conrad Black: Biden’s Legislative Success Will Seal His Fate
Commentary As one who has considered the Biden–Sanders so-called compromise Democratic platform of 2020 a potentially mortal threat to American civilization and accordingly to the preeminence of the West in the affairs of the whole world, I’m pleased that a good part of it appears now to be likely of adoption. What has been billed…
Inflation Reduction Act—or Radical Green New Deal?
Commentary Make no mistake, the so-called Inflation Reduction Act unveiled Wednesday by Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) will do nothing that its supporters state—in fact, it will do quite the opposite. If passed, the act will increase the prices that Americans pay for energy, make the United States less energy secure,…
Republican Lawmakers Criticize ‘Inflation Reduction’ Spending Package From Democrats
July 28, 2022
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Hours after Democratic Sens. Joe Manchin (D-W.Va.) and Chuck Schumer (D-N.Y.) announced late on July 27 that a deal has been reached over a spending package they say would help reduce inflation, some Republican lawmakers heavily criticized the measure, saying the bill would accomplish the opposite and make matters even worse. Senate Minority Leader Mitch…
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