Please don’t confuse the new IRA (Inflation Reduction Act of 2022) with the old IRA (Individual Retirement Account)!
As the opening paragraph of the Weekly Market Review points out the act projects to reduce our federal deficit by $294 billion over the next 10
years. That sounds like a lot until you read the 3rd paragraph of the Weekly Market Review which details our national debt is now more than $30
trillion. For these details and more, please click and view the WMR.
As always, we hope you find the Weekly Market Review both informative and interesting.
Have a great week!
Trevor N. Coe, CFP®