The Inflation Reduction Act (IRA) stands exposed as a costly failure that hiked healthcare expenses for seniors and taxpayers alike. AdvertisementDemocrats sold this law in 2022 as their signature achievement for cutting prescription drug prices and easing burdens on normal families. What was once scored as a $129 billion deficit reduction has instead helped drive a $700 billion increase in expected costs over the coming decade. AdvertisementDemocrats presented the law as proof they alone would protect seniors from high drug prices. The Inflation Reduction Act raised costs where it claimed to lower them, and the Democrats behind it are even more unhinged today.