The Democrats let President Joe Biden back into the wild this week after he disappeared during the Democratic National Convention, hid in California and then napped on the beach in Delaware. It was a nearly three-week absence, and his latest appearance in a key swing state proves why they’re happy to have him missing in action.
During an event in Wisconsin, Biden finally admitted that the “Inflation Reduction Act” was deceptively named and didn’t actually reduce inflation. In fact, it increased prices through excess spending and was a giant, corrupt handout to the so-called “green” energy industry. It’s why I’ve always called the legislation the Inflation Induction Act.
"We should have named it what it was,” Biden said, rambling on about the “successes” of his “green” agenda through the legislation.
As one example, the Inflation Induction Act took billions in hard-earned American tax dollars. Its supporters, solely Democrats and unelected government bureaucrats, claimed that money would fund 500,000 new electric charging stations across the country by 2030. So far, they’ve spent $7.5 billion and have built eight chargers.
It’s a total scam and always has been.
From its introduction in 2022, critics of the legislation pointed out the bill would increase costs and was basically the Green New Deal under a different name.
“The Inflation Reduction Act (IRA) is the most significant climate legislation in United States history. Energy Innovation Policy and Technology LLC® modeling finds the IRA’s $370 billion in climate and clean energy investments could cut U.S. greenhouse gas (GHG) emissions up to 43% below 2005 levels by 2030,” Forbes reported at the time. “Though the clean energy transition is happening, coal retirements must be accelerated to reach our climate goals.”
So why does this matter now? Inflation wreaked havoc on American families (and still is), wiping out savings, skyrocketing credit card debt and making the dream of homeownership impossible with out-of-control interest rates. The passage of the Inflation Induction Act wasn’t bipartisan and wasn’t overwhelming. On Capitol Hill, the votes for the legislation were tied and Vice President Kamala Harris – also the President of the U.S. Senate – cast the tie-breaking vote to get the legislation over the finish line.
“I was proud to cast the tie-breaking vote to pass our Inflation Reduction Act,” Harris posted on X in March 2024.
To mark the two-year anniversary of the monstrosity, Harris boasted about the spending on “climate.”
“Our Inflation Reduction Act is also the single largest climate investment in American history,” she said in a joint statement with Biden.
As Americans continue to struggle with the U.S. entering a recession, which the country has arguably been in since summer 2023, Harris should be held accountable for defrauding the public.
