Tag: Inflation Reduction Act

Hubwonk host Joe Selvaggi talks with Dr. Bill Smith, Director of Pioneer Institute’s Life Sciences Initiative, about the impact of the Inflation Reduction Act on long-term health costs. They discuss the bill’s unintended consequences, potential effect on the region’s vibrant pharmaceutical research and development sector, and what citizens can do about it.

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Pretend you’re a US Senator and presented with this choice: You have $80 billion to “invest” to bolster recruitment and staffing in one of these public-funded institutions. You can choose one or two out of three (yes, I know there is a fourth choice. Play along): A. Give it all to the Internal Revenue Service […]

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Voters Want Sinema to Oppose Manchin’s New Spending Bill

 

Digital billboard in Phoenix, AZ, June 2021.

Sen. Joe Manchin (D–WV) made headlines last week when he flipped on Biden’s repackaged and reduced Build Back boondoggle. The cynically named “Inflation Reduction Act” promises to spend $369 billion on the environment while reducing the deficit by $300 billion. The bill also would raise corporate taxes and increase Obamacare spending.

Democrats celebrated Manchin’s support, but there’s another senator who would need to sign on. All eyes moved to Kyrsten Sinema. The Arizona maverick has kept quiet, but her constituents haven’t. A new poll shows Grand Canyon State voters want her to oppose the new tax-and-spend bill.