FIRST ON THE DAILY SIGNAL—Two years on, the Biden-Harris administration’s so-called Inflation Reduction Act has been “devastating” for Americans who rely on the pharmaceutical industry, according to a memo from a think tank founded by former Vice President Mike Pence.
“The American people have been forced to live with the disaster of the Inflation Reduction Act for the past two years, and it’s a burden of legislation that has only worsened with time,” Tim Chapman, president of Advancing American Freedom, told The Daily Signal.
“The Inflation Reduction Act has failed its name and has instead tripled in cost; it has given green tax credits to CCP-aligned companies, and has devastated the pharmaceutical industry by increasing drug prices,” Chapman said in an email, referring to the Chinese Communist Party.
“Repealing the Inflation Reduction Act…
