Inflation Reduction Act News

Substantial Increase in Oil Permitting

Large-scale deportations of immigrants

Attempted prosecution of the "enemy within"/political opponents

Require and preside over increase in defense spending from allies

Reduce independence of the Fed

Heavy Tariffs

Cut federal funding to schools that teach "critical race theory" and "transgender" matters

Expanding the child tax credit to $5000

Ending taxes on Social Security income

Large Tax Cuts

Repeal or substantially curtail the Inflation Reduction Act

Increased Aid for Israel

Ending taxes on tips

Dismantling the Environmental Protection Agency

Ending taxes on foreign earned income

YES

YES

Miscellaneous Savings Initiatives

Cutting Wasteful Spending at the Department of Defense (DoD)

Cutting Waste, Fraud, and Abuse in Federal Healthcare Programs

Improving Efficiency Across Federal Agencies

No changes, 45X remains as codified by Inflation Reduction Act

45X is phased out after 2030

45X is phased out after 2028

45X is ended, with Safe Harbor provision

NO

NO