The Inflation Reduction Act (IRA) was passed by Congress and signed into law by President Joe Biden on August 16, 2022. The bill was badly mistitled and intentionally so.The Biden administration and Democrats in Congress took advantage of Americans’ desire for a response to high and rising prices for food, fuel, and other basic consumer goods. The people of the United States wanted federal leadership to take steps to alleviate inflation. Of course, the inflation itself was an artifact of federal … [Read more...]