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Biden says Democrats' $740 billion bill

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WILL boost midterm chances as Republicans plot November revenge and tear into legislation that will 'ignores taxpayers, will increase inflation' and double size of IRS

  • Republicans are hammering Democrats for rolling out a spending bill while inflation remains high and at a time when economists warn of a recession 
  • GOP officials claim voters will show their unhappiness at the ballot box in Nov
  • Republican Rep. Kevin Hern told DailyMail.com that the Senate's two moderate Democrats, Kyrsten Sinema and Joe Manchin, got 'played' into voting for it 
  • The Inflation Reduction Act passed the Senate on a 51-50 vote on Sunday, with VP Kamala Harris casting the tie-breaker, after 16 hours of marathon debate
  • But Democrat Senator Chris Coons admitted on Sunday that the legislation could take 'a year or more' to reduce inflation if it passes the House
  • Provisions include a 15 percent minimum corporate tax rate and funding for 87,000 new IRS employees across a 10-year period 
  • It also caps prescription drug costs for Medicare recipients and is the largest investment in green energy ever passed in US history 

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WILL boost midterm chances as Republicans plot November revenge and tear into legislation that will 'ignores taxpayers, will increase inflation' and double size of IRS

  • Republicans are hammering Democrats for rolling out a spending bill while inflation remains high and at a time when economists warn of a recession 
  • GOP officials claim voters will show their unhappiness at the ballot box in Nov
  • Republican Rep. Kevin Hern told DailyMail.com that the Senate's two moderate Democrats, Kyrsten Sinema and Joe Manchin, got 'played' into voting for it 
  • The Inflation Reduction Act passed the Senate on a 51-50 vote on Sunday, with VP Kamala Harris casting the tie-breaker, after 16 hours of marathon debate
  • But Democrat Senator Chris Coons admitted on Sunday that the legislation could take 'a year or more' to reduce inflation if it passes the House
  • Provisions include a 15 percent minimum corporate tax rate and funding for 87,000 new IRS employees across a 10-year period 
  • It also caps prescription drug costs for Medicare recipients and is the largest investment in green energy ever passed in US history 

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