We’ve all sorts of comments about Biden’s massive “inflation” spending bill.
The bill will raise taxes on most companies, which will in turn affect Americans.
But it was supposed to fix inflation right (inflation Biden has denied exists)?
Not according to one of Biden’s top officials.
From Fox News:
U.S. special presidential climate envoy John Kerry praised the Inflation Reduction Act, calling it an “amazing” bill due to its climate-related impact while acknowledging that it does not seem to do much for inflation…
“And I’m not sure how much it has to do with inflation, but that’s OK,” he acknowledged.
John Kerry is confessing that Biden’s massive tax-and-spend bill doesn’t do much for inflation.
In fact, some experts have claimed it will do nothing. Others worry it will make inflation worse.
Bernie Sanders criticized the bill, because it won’t help inflation or medical costs.
Yet he voted for it anyway. And now we know why.
John Kerry bragged that this bloated, expensive bill will fund more of the radical left’s climate agenda.
It is not an inflation reduction bill, but a back door to the green new deal.
The bill throws billions at the “green” industry, which just so happens to be run by Democrat donors.
It punishes the oil and gas industries even more, as it hits them with billions in new taxes.
From all appearances, this is a left-wing socialist bill that will hurt the average American.
- John Kerry admitted that the inflation bill does little to help inflation.
- Instead, he praised it because it throws billions at climate change.
- The massive spending bill will increase taxes on large companies.
Source: Fox News