House Democrats Pass the Senate's Inflation Reduction Act

Contributing sentiments towards policy:

51% : "So lots of spending up front, lots of debt up front -- and maybe savings eight years from now."Included in the bill's $700 billion in new spending is an $80 billion appropriation to the Internal Revenue Service -- six times the agency's current budget -- as well as an array of new climate policies and tax incentives for individuals and corporations who switch to renewable energy sources and low-emission vehicles.
48% :Broken down, the roughly $80 billion appropriation to the IRS will go toward "necessary expenses for tax enforcement activities ... to determine and collect owed taxes, to provide legal and litigation support, to conduct criminal investigations (including investigative technology), to provide digital asset monitoring and compliance activities, to enforce criminal statutes related to violations of internal revenue laws and other financial crimes ... and to provide other services."
39% : This legislation finally makes the wealthiest corporations start paying their fair share in taxes, and it ensures that rich tax cheats start paying what they owe."

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