It’s a deal set to raise over $800 billion in the coming decade for everything from fighting climate change to extending Obamacare. And it’s projected to bring down the deficit to boot.
Sens. Chuck Schumer (D-NY) and Joe Manchin (D-WV) surprised the world on July 27 when they released a sweeping, 725-page bill known as the Inflation Reduction Act (IRA) — instantly resuscitating a key Democratic agenda item aimed at bringing down costs for the middle class.
The compromise comes after…
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