Washington’s Flawed New Law: Part 3

Health care rules do little for inflation but have ill effects

House Speaker Nancy Pelosi (D-Calif.) speaks during a press conference about prescription drugs and lower health care costs at Southeast Health Center Clinic in San Francisco on Aug. 24, 2022. Pelosi met with health care professionals and local residents who will benefit from provisions in the recently passed Inflation Reduction Act that will lower health care and prescription drug costs. Justin Sullivan/Getty Images

Commentary

This article is the last of a three-part series on the new Inflation Reduction Act (IRA), which takes up the proposed new health care rules in which the government lodges its inflation reduction claims. The first part of this series examined the law’s lavish spending on green initiatives. The second part assessed its dubious revenue claims.