Democrat Reconciliation Bill Relies on Extra Taxes, IRS Enforcement to Spend over $400B on Obamacare, ‘Climate Change’

July 28, 2022

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Before Obama Moved Too Slow, This Time He Moved Too Fast

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A reconciliation bill pushed by Senate Democrats aims to reduce the deficit by $300 billion by increasing taxes and IRS enforcement while spending $433 billion on “climate change” and Obamacare.

Senate Majority Leader Chuck Schumer (D-NY) and Sen. Joe Manchin (D-WV) on Wednesday unveiled the Inflation Reduction Act of 2022, which would attempt to “address record inflation by paying down our national debt, lowering energy costs and lowering healthcare costs.”

Manchin and Schumer struck the deal to advance the Democrat agenda and lower the deficit at a time when Americans continue to reel from record-high inflation...

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