The Manchin-Biden Tax Hike

The Manchin-Biden Tax Hike

After more than a year of expressing his concerns about the impact of inflation, Senator Joe Manchin has signed off on a massive tax and spending bill that would only push prices for working families even higher. 

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The Manchin-Biden Tax Hike

Inflation is soaring at rates not seen in a generation. Policy reforms in housing, labor, trade, food, and energy could ease the record inflation now hitting American families and businesses without artificially distorting markets. Misguided government interventions like these can exacerbate supply and demand issues, drive up prices, and prevent markets from efficiently responding to existing challenges.

Energy, Climate, and the Inflation Reduction ActLeading experts discuss what’s in the bill, its harmful policies, and why the bill wouldn’t help with inflation but would in fact make matters worse. Listen here.