Wit & Wisdom with Tom Greene

The US House of Representatives passed the massive Inflation Reduction Act on Friday on a purely partisan vote. The $430 billion bill includes new taxes totaling $739 billion. Here are some of the highlights of the Schumer-Manchin bill:

$9 billion for climate agricultural programs to reduce bloating in cows;

$27 billion for local and state governments to procure zero-emissions technology;

$60 billion for “environmental justice programs, and

Enormous subsidies for wind, solar energy, electric vehicles and energy-efficient housing materials.

I’m not an economist, but dontcha think if everything is getting crazy expensive it’s a good time for the government to put the Amex card away?

Show Notes

The US House of Representatives passed the massive Inflation Reduction Act on Friday on a purely partisan vote. The $430 billion bill includes new taxes totaling $739 billion. Here are some of the highlights of the Schumer-Manchin bill: $9 billion for climate agricultural programs to reduce bloating in cows; $27 billion for local and state governments to procure zero-emissions technology; $60 billion for “environmental justice programs, and Enormous subsidies for wind, solar energy, electric vehicles and energy-efficient housing materials. I’m not an economist, but dontcha think if everything is getting crazy expensive it’s a good time for the government to put the Amex card away?

What is Wit & Wisdom with Tom Greene?

Insightful and open-minded pieces conversations that help you see the world with greater clarity. The bi-weekly roadmap to a more intentional and fulfilling life.