How Repealing Energy Subsidies Could Cement Pro-Growth Tax Cuts in Reconciliation

How Repealing Energy Subsidies Could Cement Pro-Growth Tax Cuts in Reconciliation

0 Hinnangud
0
Osa
2151 of 2208
Kestus
52 min
Keel
inglise
Vorming
Kategooria
Teadmiskirjandus

When Congress passed the Inflation Reduction Act (IRA), it was told the new energy tax credits would cost about $270 billion over a decade. Revised official estimates put the cost at multiple times that amount. But congressional scorekeepers may still be getting the long-term cost of the IRA energy subsidies wrong. Recent Cato research quantifies the IRA’s fiscal time bomb, showing how its unchecked expansion of government spending with no clear end date could cost almost $5 trillion by 2050.

Join us for lunch and learn how the IRA’s calamitous environmental and fiscal effects present a rare opportunity for Congress to use these partisan subsidies to fund permanent, pro-growth tax reform in the upcoming reconciliation package.

Hosted on Acast. See acast.com/privacy for more information.


Loe ja kuula

Astu lugude lõputusse maailma

  • Suurim valik eestikeelseid audio- ja e-raamatuid
  • Proovi tasuta
  • Loe ja kuula nii palju, kui soovid
  • Lihtne igal ajal tühistada
Proovi tasuta
Device Banner Block-copy 894x1036
Cover for How Repealing Energy Subsidies Could Cement Pro-Growth Tax Cuts in Reconciliation

Muud podcastid, mis võivad sulle meeldida ...