Author: Ryan Lanier, opinion contributor

Reconciliation is a fiscal wreck for the states

In a deal announced on July 27, 2022, Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) revived parts of the Build Back Better Act (BBBA). Despite claims that the legislation represents a “compromise,” it would increase taxes during a recession and dramatically expand the size, scope, and power of the federal government. Like its predecessor, the grossly misnamed Inflation Reduction…