Aug 08, 2022

The ‘Inflation Reduction Act’ Is Built on Lies

The Big Lie: Congress is close to passing a massive tax-and-spend bill at a time when inflation is rampant and the economy shrinking. Proponents of the bill make several claims, none of which are true, as our experts show.  

Cut inflation? No. This bill would worsen the inflationary squeeze on middle America.

Tax only those making 400,000 or more? No. Everyone will pay higher taxes. (See the chart below.) And the $80 billion IRS slush fund will mean more audits for middle-class families. We have the facts.

Make a difference for the climate? No. Even eliminating all U.S. carbon emissions would reduce global temperatures by less than 0.2 degrees Celsius by 2100, our research shows.

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China Takes Center Stage, Again

In the news: China’s threats around House Speaker Nancy Pelosi’s visit to Taiwan brought the communist nation’s belligerence to the foreground. Here’s Heritage’s take.  

A missed opportunity: “Why, if we were going to bother Beijing anyway, didn’t President Joe Biden and his administration do something more,” writes James Carafano, vice president of the Davis Institute for National Security and Foreign Policy.

Biden won’t admit it: Every week, we learn more about the Chinese Communist Party’s economic espionage and covert influence. Still, the Biden administration won’t admit that China is the No. 1 threat to the U.S.

We need to kick China out of our back yard: Here’s how: A Plan for Decisive Action Against the Threat of CCP Land Use in the U.S.

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WATCH: The Left’s War on Pregnancy Centers

What: A powerful new Daily Signal documentary focuses on the Blue Ridge Pregnancy Center in Lynchburg, Virginia.

Attacked: Pro-abortionists attacked the pregnancy center, smashing windows and threatening employees.

Widespread: The documentary, produced by Heritage’s news outlet, shows how widespread these attacks have been even though you probably haven’t heard much from the corrupt corporate media.

Watch it here.

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The Woke Mob Attacks the Founders’ Homes 

Next up at the woke gallows: Leftist cancel culture strikes again—this time against Thomas Jefferson and James Madison. Management at the historic homes of both of these founders has revamped their respective tours and educational programming to gloss over Jefferson and Madison’s numerous contributions and instead focus primarily on slavery.

They’re reshaping history: Those who own and operate these historic houses have a significant say over how the American founding is taught, and these revisions are part of what professor William Allen calls an attempt “to remake history.”

And they’re gaslighting us about it: Our work prompted a response from the staff at Monticello and Montpelier, who denied that they are guilty of presenting a warped view of our founders.

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ALWAYS ON OFFENSE

Heritage Files Third Lawsuit Against Biden Administration

Oversight: The Heritage Oversight Project has filed hundreds of Freedom of Information Act requests with the Biden administration.

Suing for documents: On several occasions, administration officials refused to comply with the requests for documents, so Heritage has sued to obtain them.

The latest: Heritage’s latest lawsuit demands information showing whether Department of Homeland Security Secretary Alejandro Mayorkas conspired with open-borders advocates in the private sector to cripple immigration enforcement. Read about the lawsuit here.

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Another Win Against ‘Rogue Prosecutors’ 

The news: Florida Gov. Ron DeSantis announced the suspension of leftist State Attorney Andrew Warren after Warren pledged not to enforce certain duly enacted laws.

Why it matters: Not only do these “rogue prosecutors”—a term we coined—undermine the rule of law “they also wreak havoc in their communities where frequently crime rates, particularly violent crime rates, have increased,” said legal fellow Zack Smith.

Another win for Heritage: We’ve led the national campaign to expose these “rogue prosecutors,” and compiled all our work on a “Rogue Prosecutors” webpage.

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NEW RESEARCH AND COMMENTARY

• Jobs Report Shows We Still Aren’t Near Pre-Pandemic Employment Levels
• Abortion Advocates Launch New Strategies To Keep Abortions Going
• CHIPS Act Spending Is Making America Less Free
• After Pelosi’s Visit, It’s Time for U.S.-Taiwan Free Trade Agreement
• The Latest Federal Takeover of Elections Violates Federal Law
• Washington Knows Best What Car You Should Drive: Electric Vehicles. Seriously?
• The U.K. Cracks Down While the U.S. Doubles Down on “Gender Affirming” Care
• Now Is Not the Time for South Korea to Go Nuclear
• As Americans Reel From Stagflation, Manchin Pitches Tax Hikes
• Whoops! Department of Education Makes $300 Billion Accounting Mistake on Student Loans
• Census Bureau Errors Distort Congressional Representation for the States

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EVENTS

Empowering Families in Education, Aug. 15, 11 a.m.  
How do we ensure it is parents who win the fight for education freedom? Speakers include:

• Corey DeAngelis, Ph.D., senior fellow, American Federation for Children
• Tiffany Justice, co-founder, Moms for Liberty
• Kevin Roberts, Ph.D., president, The Heritage Foundation
• Kaylee White, deputy editor of Restoring America, The Washington Examiner 
  

Register here.

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HERITAGE PODCASTS

“The Kevin Roberts Show”: In the latest episode, energy expert Alex Epstein, author of “Fossil Future,” challenges the framework of the anti-energy elite and argues that advancing human flourishing requires the use of fossil fuels. Listen here.

“Heritage Explains”: In the wake of the 2020 elections, many states implemented laws that make it easier to vote and harder to cheat. With the 2022 midterm elections rapidly approaching, can Americans be confident that our right to vote is properly protected? What more needs to happen before November? On this episode, Heritage Foundation election law expert Hans von Spakovsky joins to discuss. Listen here.

Check out Heritage’s complete lineup of podcasts here.

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HERITAGE IN THE NEWS

Biden’s weakness on the world stage has created the latest Taiwan/China mess, James Carafano, vice president of the Davis Institute for National Security and Foreign Policy, explained on Fox News’ “America Reports.” Watch it here.

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