On the first anniversary of President Biden’s signature Inflation Reduction Act (IRA), two facts are true about this law: it was never intended to bring down inflation, and it has not brought inflation down. Through the deceptively marketed plan, the president exposed that his only priority has ever been enacting a radical and elitist green agenda. Meanwhile, hardworking poor and middle-class Americans are left to tread water as inflation sinks households deeper into financial trouble.
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