So-Called Inflation Reduction Act Would Make Stagflation Worse

Sen. Joe Manchin (D-W. Va.) pictured paying respects to World War II veteran and Medal of Honor recipient Hershel “Woody” Williams in the Capitol Rotunda on July 14, 2022. Tom Williams/Pool/Getty Images

Commentary

After more than a year of expressing his concerns about the impact of inflation, Sen. Joe Manchin (D-W.Va.) has signed off on a massive tax and spending bill that only would push prices for working families even higher.