Concord Coalition: Welcomes deficit reduction goals of Democratic Climate, Tax and Health Care Bill, but warns that back-loaded savings may never take effect

WASHINGTON, DC – The Concord Coalition today welcomed the deficit reduction goals of the Democratic Climate, Tax and Health Care bill, but cautioned that the heavily back-loaded nature of the savings poses a significant risk that some of those savings will never take effect. The "Inflation Reduction Act (IRA, H.R.5376)," which the Congressional Budget Office (CBO) projects will reduce federal budg...