Breaking Down The Inflation Reduction Act’s Impact On Healthcare And Climate

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President Biden signed the Inflation Reduction Act that will spend hundreds of billions of dollars on climate change and accomplishes a long-held goal of by many Democrats of letting Medicare negotiate drug prices. NBC News’ Joshua Johnson is joined by a member of the White House Council of Economic Advisors, Jared Bernstein, to break down the details of the legislation and what to expect moving forward. 

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#NBCNews #Biden #Inflation
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Won’t impact drug prices for 2 years, will increase inflation immediately.

Floki_
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How about you tell us how high the middle class taxes are going up

Uncle.Skee
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This makes just as much sense as those “Inflation stimulus checks” they were giving out in some states a couple months back. Most oxymoron thing ever.

WillGoesBoing
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Let's just hope Americans take back this country during midterms so that this bill can be overturned before major damage can set in.

webportal
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Way too many open ended unfinished parts to this.
It really is an income reduction act...

philspd
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The applause that Biden got after signing this false bill was like a 4 year old learning to write his name for the first time. 😂

an.american
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joetato says inflation, caused by excessive government spending, can be fixed by more government spending. not a joke

occamselectricrazor
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Interesting🤔 No Mention of Liz Cheney getting put in her place! YET!😅😅😅😅😅😅😅

bonanzatime
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Common sense tells you this is Not gonna reduce inflation.

jamesrussian
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Nothing but giving power to the IRS. Same as they always do. Pass something with some nonsense attached

kennedypainting
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How will it make heating oil affordable for us poor people who have to heat our houses? It will raise the price so now we have to choose heat or food. These people don’t care about the poor.

hvjyriq
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Next time you go to a grocery store or gas station, think about the “inflation reduction” act

brutussmithers
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Maybe it's just me, but I'm more interested in the Inflation Reduction Act’s impact on inflation than I am it's impact on healthcare and climate.

cowboycurtis
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It will raise prices on whatever it “addresses”... as usual

TwinGoats
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First time I had seen, a walking vegetable writing

justarcher
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It’s always the opposite of what they tell you…

OhRickyButlerSays
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Lol, he said “obviously, these changes won’t take place today”, or tomorrow, or next month, or next year, or in the next ten years. Simply not believable.

MsAgent
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Breaking down the most screwed up law of the year

xrpm
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The deafening overall silence of Dems is hilarious.

jonky
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Free money for everyone but the middle class!!!!

johnmacom