Here’s the best possible spin on the staggering $369 billion in energy and climate handouts included in the Inflation “Reduction” Act: It’s not as bad as last year’s draft.
There’s nothing to reduce gasoline and electricity bills. Nothing to increase American energy production. Nothing to spur innovation. Instead, it will increase taxes on average Americans, exacerbate inflation, hike prescription drug prices and swell federal debts.
Why? Here’s a sampling of what’s in that $369 billion:
