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Podcast: Townhall Review | Commentaries
Episode: Ed Morrissey: Schumer Is Fooling No One But Manchin and Sinema
Description: Chuck Schumer finally got his wish. After reaching a deal with Joe Manchin on a far smaller version of Build Back Better and calling it the Inflation Reduction Act, Kyrsten Sinema objected to its tax increases. Despite some hope that the Arizona Democrat might force economic reality on her colleagues, Sinema agreed to support it after winning some modest changes—and a $5 billion pork chop for Arizona on drought relief.Schumer wants to sell this as Democrats’ answer to inflation. However, a Penn Wharton Budget Model analysis shows that this bill will actually increase inflation slightly for the...