Monthly Archive for: ‘August, 2022’

Inflation Reduction Act

Biden’s “Build Back Better” Bill has passed as the Build Back Good Enough “Inflation Reduction Act”   On August 16, 2022, President Joe Biden signed the Inflation Reduction Act (IRA) into law. At a cost of $430 billion, it is a mere shadow of its predecessor, the Build Back Better Bill (BBBB) introduced in 2021 at a cost of $2.15 …

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Reconciliation Bill 2.0: The Democrat’s Inflation Reduction Bill

The first Congressional Democrat-sponsored reconciliation bill, titled, “Build Back Better” was introduced in 2021. It faced headwinds from two sources. First, Senators Joe Manchin (D-VA) and Kyrsten Sinema (D-AZ) opposed the size and cost of the bill. Second, the Progressive wing of the party opposed any and all reductions in the size and cost of the bill. The funding proposals …

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