Fox Business - The Inflation Reduction Act — unveiled Wednesday by Sen. Joe Manchin, D-W.Va., and endorsed by Biden — would increase tax revenue by $16.7 billion from Americans earning less than $200,000 a year, according to a nonpartisan analysis from the Joint Committee on Taxation (JCT) published Friday. Nearly every tax bracket would pay more in taxes with those making below $10,000 per year seeing the largest uptick, the analysis showed.

Full Story: https://www.foxbusiness.com/politics/most-americans-feel-tax-pain-dem-inflation-bill-despite-bidens-past-promises

New York Post: White House admits inflation reduction act, pushed by Manchin, Schumer, will barely do anything

Full Story: https://nypost.com/2022/08/01/white-house-admits-inflation-reduction-act-will-barely-impact-inflation/?utm_source=flipboard&utm_medium=syndicated&utm_campaign=partnerfeed

Higher Gas Prices: https://www.foxbusiness.com/energy/former-oil-exec-warns-recession-alongside-energy-crises-gas-will-exceed-five-dollars-again-soon

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