Inflation Reduction Act - Page 6

Sen. Mark Kelly (D-AZ) voted against an amendment for President Joe Biden to develop a five-year program for oil and gas in the Gulf of Mexico despite having previously urged the president to do so.

Republican senators have warned that Democrats will “pay the price” for passing the $700 billion “Inflation Reduction” bill.

President Joe Biden and congressional Democrats, with Republican help, are poised to spend $3.5 trillion during decades-high inflation.

The Senate on Sunday passed the $700 billion Inflation Reduction Act, a scaled-down version of the Build Back Better Act.

Democrats have inserted a provision in the so-called “Inflation Reduction Act” that would cap the price of insulin for consumers at $35 per month, though doing so would violate the rules of the reconciliation process to pass the overall bill.

The latest iteration of the Senate Democrats’ reconciliation bill, known as the “Inflation Reduction Act,” would raise taxes on thousands of small and mid-sized businesses across the country, according to Americans for Tax Reform (ATR).

Reublican Study Committee Chairman Jim Banks (R-IN) detailed the 50 most radical policies in the Inflation Reduction Act.

During a Friday appearance on FNC’s “Fox & Friends,” Sen. Lindsey Graham (R-SC) reacted to the Democrats’ so-called “Inflation Reduction Act” that the Congressional Budget Office (CBO) has confirmed would not actually do much to reduce the record-high inflation.

Sen. Marsha Blackburn (R-TN) will propose two amendments to the Inflation Reduction Act that would prevent Democrats from increasing taxes on working-class Americans and small businesses, Breitbart News has learned exclusively.

On Thursday’s broadcast of CNN International’s “Amanpour,” Sen. John Hickenlooper (D-CO) stated that while inflation is a “serious” issue, he wants “to keep people’s eye on the prize” that the Inflation Reduction Act “is a way to address climate change

On Thursday’s broadcast of CNN International’s “Amanpour,” Sen. John Hickenlooper (D-CO) stated that the Inflation Reduction Act reconciliation bill is “the first step” on climate and “not the end. It’s the beginning. It’s the beginning of a long, forced march

The Manchin-Schumer bill should now be renamed Build Back China.

Twenty-two Republican governors slammed the Democrats’ attempt at a reconciliation spending bill as “another reckless tax and spending spree” after Sen. Joe Manchin came to an agreement with his leadership.

Manchin’s bill would prohibit subsidies from going to electric vehicles powered by batteries with materials from China. Michigan’s Democrat Senator Debbie Stabenow is working to undermine that rule.

Like the famous cartoon character Wimpy who promises to pay on Tuesday for a hamburger today, Sen. Joe Manchin’s inflation bill promises to pay for all its extra spending today with savings sometime in the future.

So no anti-inflation pressure until 2028.

During a Wednesday interview on Fox Business Network’s “Mornings with Maria,” Sen. Bill Hagerty (R-TN) voiced his opposition to Senate Majority Leader Chuck Schumer’s (D-NY) Inflation Reduction Act.

A bill aimed at helping veterans suffering from toxic exposure is set to move forward after Democrats and Republicans reached a compromise.

The Inflation Reduction Act will add more fuel to the “inflation fire,” a study of the bill’s provisions by a top Republican lawmaker showed Tuesday.

During a Tuesday appearance on Fox News Channel’s “The Faulkner Focus,” Sen. Joe Manchin (D-WV) defended his support of the slimmed-down version of the so-called Build Back Better agenda — the Inflation Reduction Act.ss/

The Joint Committee on Taxation (JCT) found that the Democrats’ inflation reduction bill would hit manufacturers hardest with the legislation’s corporate minimum tax.

Electric trucks, such as Tesla’s vaporware Tesla Semi which has yet to enter production, will receive up to $40,000 in incentives per vehicle thanks to the newly proposed “inflation reduction Act of 2022.” 

On Friday’s broadcast of MSNBC’s “Morning Joe,” Rep. Adam Smith (D-WA) said Republicans are opposing the reconciliation package because “they are so invested in proving that democracy can’t work, especially under President Biden, that they’re rejecting proposal after proposal that’s

During an interview aired on Friday’s broadcast of NPR’s “All Things Considered,” Congressional Progressive Caucus Chair Rep. Pramila Jayapal (D-WA) stated that “A lot of the work” from the Build Back Better bill is in the reconciliation bill and that

Rep. Tom Malinowski (D-NJ) will support the reconciliation bill pushed by Senate Democrats that does not eliminate the cap on the state and local tax deduction (SALT), despite previously saying he would not support any reconciliation bill that does not remove the cap.

Here’s how much the Inflation Reduction Act will reduce inflation by: zero.