What Will the IRS Do With $80 Billion? – By Yuval Rosenberg and Michael Rainey (The Fiscal Times) / Aug 17, 2022
Good Tuesday evening! Voters are having their say in another round of closely watched primaries today, with Rep. Liz Cheney (R-WY) and Sen. Lisa Murkowski (R-AL) facing challenges from opponents backed by former President Donald Trump. “If the cost of standing up for the Constitution is losing the House seat,” Cheney recently told The New York Times, “then that’s a price I’m willing to pay.” Former Alaska Gov. Sarah Palin is also looking to make a political comeback in a special election to serve out the rest of Republican Rep. Don Young’s term. Young held Alaska’s only House seat for an incredible 49 years until his death in March.
Here’s what else is going on.
Biden Signs Inflation Reduction Act. Now Come the Messaging Battles
President Joe Biden on Tuesday afternoon signed into law the Inflation Reduction Act, Democrats’ sweeping, hard-fought package of measures to address climate change, lower health care costs and raise taxes on corporations.
The battle to enact the legislation may be over, but the battle to define it is not.
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