The Senate has passed President Joe Biden's $740 billion "Inflation Reduction Act" over the weekend, but the only way this deceptively-named bill will reduce inflation is by crushing your buying power. The massive spending bill includes the largest climate spending package ever passed and will allocate a whopping $80 billion to make the IRS bigger than the Pentagon, State Department, FBI, and Border Patrol combined. And just wait until you see how the bill will affect our farmers.

On the radio program Monday, Glenn Beck broke down three rather "terrifying" components of the 755-page bill and how they will impact you.

Watch the video clip below. Can't watch? Download the podcast here.

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