ABC's Jonathan Karl on Sunday confronted White House Press Secretary Karine Jean-Pierre on the $740 billion Bidenflation scam bill.
"But let me ask you, it's called the Inflation Reduction Act, but the Congressional Budget Office which is nonpartisan said that there would be a negligible impact on inflation this year and barely impact inflation at all next year, isn't it almost Orwellian?" Jon Karl queried.
"How can you call it the Inflation Reduction Act when the nonpartisan experts say it's not gonna bring inflation down?" he added.
"I appreciate the question,' KJP said. "It is going to fight inflation. It has been proven, it has been said by economists across the board on the Republican side and the Democrat side."
WATCH:
On Inflation Reduction Act, Jean-Pierre tells @JonKarl: “It's going to lower costs for Americans. Prescription drugs, energy costs...13 million Americans on the ACA who are now going to continue to see their premiums go down. That is important.” https://t.co/s4vGyjQKTX pic.twitter.com/zuJREOUiXe
— This Week (@ThisWeekABC) August 14, 2022
The $740 billion Bidenflation scam just passed through both chambers of Congress.
Not one Republican voted for the bill.
More than 230 economists wrote letters to Congress warning that the ‘Inflation Reduction Act' will make inflation worse.
The bill will allocate $369 million for ‘green energy' - it's actually just one big Marxist slush fund.
The bill will add 87,000 new IRS employees to harass and abuse working Americans and their political opponents.
The CBO and Penn Wharton Budge Model confirmed that the ‘Inflation Reduction Act' will not reduce inflation.
#PWBM and CBO find an almost identical impact of the Inflation Reduction Act of 2022 (IRA) on the budget, with small differences stemming from the corporate minimum tax revenue. The impact on inflation is statistically zero for either estimate.
Read more: https://t.co/Z6fp0o3aJQ pic.twitter.com/j5P4tof1AK
— Penn Wharton Budget Model (@BudgetModel) August 8, 2022
via thegatewaypundit