Opinion: Southeast consumers see through rhetoric of 'green' savings through the 'Inflation Reduction Act'

AP File Photo/Keith Srakocic / A 2021 Ford Mustang Mach E is charged at a Ford dealer in Wexford, Pa., on May 6, 2021.

We suspect most Tennessee Valley residents already suspect the flimflam aspects of the so-called "Inflation Reduction Act," which recently passed the Democrat-controlled U.S. Senate.

Based on hoped-for figures and budget gimmickry, the bill - according to a supportive, Democrat-heavy coalition called the Committee for a Responsible Federal Budget - has aspirations to be a net-positive for taxpayers by 2027.

In the meantime, Americans are struggling with the highest inflation in more than 40 years, the highest gasoline prices in the history (now down slightly) and no end in sight.

The year 2027 seems a long way away, especially when your savings are being depleted weekly to keep up with the continuing rise in prices.

The Knoxville-based Southern Alliance for Clean Energy, for its part, weighed in Monday on how it believes the bill will help meet its desire for "responsible and equitable energy choice to ensure clean, safe, and healthy communities throughout the Southeast."