The Heartland Institute’s Donald Kendal, Jim Lakely, and Justin Haskins present episode 357 of the In The Tank Podcast. Their latest attempt at a piece of comprehensive legislation is labeled the “Inflation Reduction Act.” Despite the name of the bill, the legislation has far more to do with energy policy and increasing taxes. Also, Florida Governor Ron DeSantis seems to have joined the fight against ESG. PRIMARY TOPIC – HOW BAD IS THE INFLATION REDUCTION ACT? Senate Democrats – Inflation Act One Page Summaryhttps://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_one_page_summary.pdfNYP – White House admits Inflation Reduction Act, pushed by Manchin, Schumer, will barely impact inflationhttps://nypost.com/2022/08/01/white-house-admits-inflation-reduction-act-will-barely-impact-inflation/Cato – Inflation Reduction Acthttps://www.cato.org/blog/inflation-reduction-actWSJ – ‘Inflation Reduction Act’ Is an Insult to Used-Car Salesmenhttps://www.wsj.com/articles/inflation-reduction-act-is-an-insult-to-used-car-salesmen-deficit-reduction-tax-increases-spending-semiconductors-stimulus-build-back-better-11659363843HDN – Harsanyi: ‘Inflation Reduction Act’ Does Nothing To Lower Inflationhttps://heartlanddailynews.com/2022/07/harsanyi-inflation-reduction-act-does-nothing-to-lower-inflation/HDN – Inflation Reduction Act—or Radical Green New Deal?

Source: Forbes August 06, 2022 07:09 UTC