READ HERE: Senate Democrats on Sunday passed their so-called “Inflation Reduction Act of 2022”, a sweeping, $740 billion tax, climate and health care reconciliation package after an all-night session. $370 billion has been allotted for for climate change including tax incentives to manufacture and purchase electric vehicles and generate more wind and solar electricity. The spending bill also allocates $80 billion to the IRS with plans to increase its staff with 87,000 new agents. A critic pointed out that the proposal will not reduce inflation, but will instead cause massive job loss and increase household electricity expenses by 23%.