Jim Banks Details the 50 Most Radical Policies in 'Inflation Reduction' Act

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Jim Banks Details the 50 Most Radical Policies in 'Inflation Reduction' Act
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Rep. Jim Banks (R-IN) detailed the 50 most radical policies in the Inflation Reduction Act.

Banks, the chairman of the Republican Study Committee ,a memo detailing that, although the Inflation Reduction Act pales in comparison to the size of the $1.9 trillion Build Back Better Act, it remains a “transformative” bill that is “just as radical and destructive” as the Build Back Better bill.

The bill’s giveaway to green energy would increase American reliance on China for rare earth mineralsThe bill contains many budget gimmicks and fake offsets to mask the cost of the bill. When accounting for these budget tricks, the alleged deficit reduction bill would add $114 billion in debt over ten years

Create an “environmental justice solar and wind capacity limitation program” to further the Democrats’ “radical ‘environmental justice’ agenda”$3 billion for the Department of Transportation to undertake projects to address racism in infrastructure

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