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Opinion The Inflation Reduction Act is anything but

Julian Zelizer: Has an American president ever been more dishonest about his major legislative initiatives than Joe Biden? Biden’s first act as president was to pass a $1.9 trillion “pandemic relief” bill. Zelizer says Biden then tried to follow that with a $2.65 trillion infrastructure bill (a.k.a. the “American Jobs Plan”) It turned out that just $621 billion in spending on actual infrastructure — roads, bridges and the like. Now Biden has passed a $433 billion climate spending and tax increases disguised as the Inflation Reduction Act of 2022. He says the bill would not reduce inflation; it would raise tax revenues by $470 billion, adding a new burden on businesses.

The Biden administration is providing taxpayer subsidies to couples making $300,000 a year who can already afford a Tesla. Biden is not trying to reduce inflation; he is trying to pump up deflated liberal voters, disappointed by his failure to enact their radical climate agenda, before the midterm elections. The only thing Americans hate more than a failing president is a dishonest, failing one.