Arguments for and Against the Inflation Reduction Act

The Inflation Reduction Act of 2022 passed the Senate on a 50-50 party line vote, with Vice President Harris breaking the tie, and passed the House on a party-line 220-207 vote. There have been many arguments both for and against the $437 billion spending bill, and a final Congressional Budget Office estimate is still weeks away. We have compiled the most up-to-date projections on the final bill as passed, as well as arguments on both sides.