Middle Class To Pay $20B More In Taxes To Fund Biden’s Inflation Reduction Act: CBO

Ryan Grim and Briahna Joy Gray consider the political and economic implications of the Inflation Reduction Act, which President Biden is expected to sign into law today.

President Joe Biden jokingly sprints his bicycle towards journalists along the beach during his morning bike ride at Kiawah Island, S.C., Sunday, Aug. 14, 2022. Biden is in Kiawah Island with his family on vacation. (AP Photo/Manuel Balce Ceneta)

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