In a surprising move that will anger the far-left and “Green New Deal” proponents, Joe Biden reinstates the largest oil and gas lease sale in the history of the United States.
The Inflation Reduction Act, passed by both houses, includes a 15 percent corporate minimum tax, which will be a major step toward increased government powers and forced globalization on top of being detrimental to the economy.
President Joe Biden signed the Inflation Reduction Act into law on Tuesday, a move heralded by the Biden administration as a huge win and by Republicans as a devastating loss.
West Virginia Senator Joe Manchin recently claimed the 15 percent corporate minimum tax contained in the Inflation Reduction Act, which should be called the Inflation Creation Act, is not a tax increase.
Surging U.S. gas and food prices have prompted residents of Southern California to head south of the border to do their shopping and fill up their tanks.