Our opinion: Deficits, energy still a priority
As time passes, the excesses of President Joe Biden’s Inflation Reduction Act become more and more clear. Recent analysis by the Competitive Enterprise Institute confirms that the cost projections for the law when it was passed were woefully — perhaps even deliberately — inadequate. The institute’s studying of the costs places its expense to the American taxpaying public at between $936 billion and $1.97 trillion over 10 years and between $2.04 trillion and $4.67 trillion by the year 2050. For a nation already struggling with a national debt of $34 trillion, we believe this ...