Life just became a little more expensive for the middle class in American. On this episode of Heritage Explains live we break down the so-called Inflation Reduction Act passed this weekend along party lines.

Will it actually reduce inflation? Spoiler alert: No.

Additional resources:

https://www.dailysignal.com/2022/08/03/the-manchin-schumer-taxes-would-hit-both-rich-and-poor-americans/

https://www.heritage.org/budget-and-spending/commentary/inflation-reduction-act-euphemism-big-government-socialism-higher

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