Biden's anti-inflation legislation to backfire – budget office

Aug 16th 2022 1:50pm EDT

The Inflation Reduction Act will cost middle-class taxpayers billions The Inflation Reduction Act signed into law by US President Joe Biden on Tuesday will saddle middle-class Americans with about $20 billion in added taxes over the coming decade, the Congressional Budget Office has revealed.  Specifically, taxpayers making less than $200,000 would pay $16.7 billion more, […]

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