Biden’s “Inflation Reduction act of 2023” Has spent over a trillion dollars so far.

Sharing is Caring!

Hmmm, spending increases inflation doesn’t it?

I had occasion to read the bill a bit this afternoon.
What a convoluted mish-mash of crap!

Seems mostly about the new clean energy initiatives, so maybe it could have been called that?

See also  Supreme Court Allows Police to Rely on Red Tape and Technicalities to Keep Thousands of Dollars in Seized Cash From Innocent Owners

But the bill wanders around like a drunken sailor throwing money at whatever strikes his fancy. Disadvantaged folks? Have a pile of money. Insulin? Have another pile of money. Wildlife service? here, have some big piles of green.

www.whitehouse.gov/briefing-room/statements-releases/2023/08/16/fact-sheet-one-year-in-president-bidens-inflation-reduction-act-is-driving-historic-climate-action-and-investing-in-america-to-create-good-paying-jobs-and-reduce-costs/

budgetmodel.wharton.upenn.edu/estimates/2023/4/27/update-cost-climate-and-energy-inflation-reduction-act

h/t JustmeTX

Views: 207

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.