it on to the customers through higher prices (so much for it not taxing those under $400K btw). Their other solutions are to cut that paid to employees (tough to do in this labor market), or take it from owners/shareholders (hint, that's the last choice taken). They don't just have a pot of gold sitting there to just eat this increase in costs, just as they didn't to just eat increases in labor and inputs from inflation up to now.

What do you think it does if you keep handing out checks to rich folks able to buy EV's? Increases the demand while supply remains stagnant and prices go up. Same for extending OCare subsidies, that's just more money for more demand.

On the surface, I don't really have an issue with this (assuming it actually passes which is far from certain). Definitely not what I would support, but it's a benefit of being the party in power. They're just doing what they campaigned on doing (even if it's a small fraction of what they actually wanted to do). And I applaud them for more than paying for it on the surface (I'm skeptical) to allegedly reduce the deficit growth, even if increasing taxes when entering a recession isn't usually a great idea. But to pretend this somehow will reduce inflation is laughable, unless they're counting on it crashing demand.