6min chapter

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Ending the Inflation Reduction Act Could Save Trillions in Handouts

Cato Daily Podcast

CHAPTER

Examining the Financial Burden of Tax Credits and the Call for Repeal

This chapter analyzes the significant financial implications of the Inflation Reduction Act, with cost estimates soaring to $4.7 trillion by 2050. The discussion critiques existing tax credits and subsidies, advocating for their repeal to curb government spending and enhance free enterprise efficiency.

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