Congress doesn't actually control the amount of money in circulation, though they can certainly put pressure on the Fed to print more. Essentially, by spending more they issue more debt. Naturally, to spur people to want to buy that debt, the government increases the interest rate on that debt. If the Fed then wants to keep the interest rate the same, they are forced to "purchase" some of this debt. The money from that "purchase" ends up deposited in a bank. I just put "purchase" in quotes because the Fed doesn't actually withdraw from anything -- they only deposit. Through fractional reserve banking, that deposit inflates the money supply. So indirectly, government spending causes inflation.

They claim this bill is revenue neutral, but the usual plan with that is that the revenue never shows up. The increase in the size of the IRS is probably not actually geared towards increasing revenue. It's probably just about growing the power of the government.

'And today, today is really a glorious day for us. We send to the president's desk a monumental bill that will, will be truly for the people, the Inflation Reduction Act,' Pelosi said

She isn't lying, but the doublespeak is impressive; dripping with the sadism and vileness of an experienced politician. "For the people" in the sense that this was intentionally crafted, wait for it, with "the people" 100% in mind.

No worries as " the middle class will not be targeted " .

Make little difference to me. My taxes are taken out of my check. I file a straight return and every dime is accounted for. Poor people don't get a chance to cheat. will harm rich people more than poor people, but that will never happen so it's a slush fund for the IRS. Just like the Jewess Kathy Manning, She bought stock in chip manufacturers and then voted for the chip act. $120,000 worth of stock. but she's a jew so no harm , no foul. rules for you but not for the Jew. but the commandment: do not take the lords name in vain will be their demise. it's not about saying Goddammit. It's about representing God in his stead. Representing words and ideas that God did not speak. They will burn in a lake of fire. Fake Jews will be the first to be punished and suffer his wrath.