Senate Passes ‘Inflation Reduction Act’

The big “climate-tax-health care” bill passed the Senate.

CNN:

“(CNN) – The Senate on Sunday afternoon passed Democrats’ $750 billion health care, tax and climate bill, in a significant victory for President Joe Biden and his party.

The final, party-line vote was 51-50, with Vice President Kamala Harris breaking the tie. The package is the product of painstaking negotiations, and its final passage would give Democrats a chance to achieve major policy objectives ahead of the upcoming midterm elections.

The Democrat-controlled House, which is expected to take up the legislation on Friday, August 12, must approve the bill before Biden can sign it into law. …”

This is crumbs of Build Back Better.

13 Comments

    • “more like the Inflation Production Act.”

      You obviously understand kosher labeling.
      Call things by the opposite name of what they really are.

    • The bill should be labelled ” the tax and crush commer bill”.

      Just where is this 850 billion coming from, increased tax enforcement, i.e. coercion ?

    • These are secret police who will be used to harass political dissidents. The new agents will also, I predict, be mostly minority, probably new immigrants to the country and chosen because they’ll be more willing to harass Americans than legacy Americans would be.

  1. There are only 2 ways out of the current economic malaise infecting the West:

    1 Ramp up interest rates above inflation. This will cause large scale bankruptcy for individuals, corporations and governments, leading to a bone crunching depression.

    2 Keep printing currency. This scenario leads to a hyper inflationary crack up boom, and then a depression anyway.

    The banksteins have sucked the wealth from the West and are moving onto their new host. We just have to get world war 3, and the defeat of the West/NATO out of the way, and the jew world order will be complete.

    • @English…

      “The banksteins have sucked the wealth from the West and are moving onto their new host”

      Yes, they’ve relocated to China.

      That said, they are not in control of Neo-Con war-mongerers at the State Department, nor can they yet do without the US market or military.

      It’s a cheeky time for them, one which I have a hunch they will not survive without a serious reduction on what they currently hold.

  2. Biden increases IRS agents to almost 170,000—70,000 will be armed—to target middle class AmericansThe poorly named Inflation Reduction Act, passed over the weekend by Senate Democrats, is slated to create positions for nearly 87,000 new IRS agents, 70,000 of whom will be armed. … “The Democrats are making the IRS bigger than the Pentagon plus the Department of State plus the FBI plus the Border Patrol combined,” Senator Ted Cruz said. “This is a massive power grab.”

    • Why do I get the feeling that there will be no trouble filling those positions despite all the angst about a labor shortage?

  3. OT

    Charter schools in Michigan and Ohio sue Biden’s DOE over new rule serving as ‘kickback’ to teachers’ unionsThe DOE’s new rule said that for charter schools to receive grant money that have to prove nearby public schools are over-enrolled and not serving too many racial minorities

    Of course one reason parents might seek to enroll their kids in a charter school is to escape public schools with large non-white student populations (aka ‘bad schools’).

    The Dept of Education is, and always has been, little more than the arm of the DoJ in education — there used to be a web page maintained by the federal government where you could easily check the diversity of every federal dept or agency (there are goal/quotas about that) — it showed 40% of Dept of Education employees are black — but you rarely here Republicans talk about abolishing it, which could easily be done since every state has its own education infrastructure.

    At this point I have no idea why a state would continue to accept federal education funds since doing so means complying with all kinds of harmful rules.

  4. Regarding the massive expansion of IRS personnel. You need to factor in the Executive Orders that have been signed by several recent presidents which, under the aegis of a stated emergency, allows the federal government to basically seize anything it wants to.

    They are coming after your assets. Be prepared.

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