Plus: House Passes Huge Spending and Tax Bill Expanding IRS and Green Energy Handouts
August 14 2022
Good morning from Washington, where House Democrats last evening followed their Senate counterparts by passing, without a single Republican vote, a massive tax and spending package that President Biden says he’ll sign. Fred Lucas reports. The raid on Donald Trump’s Florida home shows why the FBI isn’t trusted to stay free of politics, Victor Davis Hanson writes. Plus: North Korea courts Russia in Ukraine; Biden misleads on abortion; and the left just can’t leave pop culture alone. On this date in 1981, at his California ranch, President Ronald Reagan signs into law the Economic Recovery Tax Act, a package of tax and spending reductions that will set the tone for his administration’s economic policy.
"Harmful new taxes will reduce investment and be shouldered by workers, violating President Biden’s pledge to not increase taxes on working Americans," says Heritage Foundation scholar Matthew Dickerson.
North Korea reportedly is discussing sending workers and soldiers to Russian-controlled regions of Ukraine in exchange for shipments of industrial equipment and energy supplies.
President Biden’s executive order on abortion suggests that Medicaid could cover travel costs for patients who need to travel out of state to get an abortion.
Producers of “The Lord of the Rings: The Rings of Power” and the “Star Wars” spinoff “Andor” plan to revel in modern left-wing politics at the expense of good storytelling.
Auditing every single taxpayer with annual income over $1 million would require only 25,000 new IRS enforcement agents, but Democrats’ bill calls for 87,000 new agents.
