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Garrett Dickman/National Park Service via AP
We’ve all heard the news: The most historic investment to fight climate change passed the U.S. House and Senate last week and was quickly signed into law by President Joe Biden. The narratives we’ve heard, however, have been presented in completely different ways.
One group of Americans is saying the Inflation Reduction Act is the best possible solution for the American economy — that it won’t raise taxes or nudge inflation even higher — while claiming its passage will slash American carbon emissions by an additional 10%.
Another segment of people are saying the act is the Green New Deal in disguise, hurting “the American people every single day with tax audits, increased energy prices and increased taxes,” as U.S. Rep. Chip Roy, a Republican from Texas, said.