Democrats Celebrate Passing Of Inflation Reduction Act

Democrats are celebrating the passing of the Inflation Reduction Act. The bill will increase taxes on large corporations, allow medicare to negotiate prescription drugs prices and make massive climate change investments. However, Republicans are blasting what they call reckless spending. NBC News’ Kristen Welker reports on what this could mean for the midterms.

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#Congress #Inflation #Dems

[infinati]

0:25 “With money we don’t have” because we gave all of our rich friends a tax break when we were in charge 🙄

[longmatey]

Wait a minute... you can just pass laws to get rid of inflation. Did anyone tell Rome?

[msallies]

Do people really believe that passing a law will help reduce the prices of resources? Politics cannot address declining resources and an every growing population.
"Everything will become immensely expensive. There will be great competition and a great risk of conflict and war over gaining access to the remaining resources. Certain regions will be devastated. Others will be impaired. Many industries will fail. There will be many people out of work. There will be the risk of great starvation in many parts of the world, even in parts of the wealthy nations." ~ A quote from The Great Waves book written by Marshall Vian Summers (read online for free)

[Ghost-ywyw]

I thought Biden said inflation was at 0%

[johnellharris]

Reckless spending is giving the top 2% a tax break they didn’t need.Hypocrites all the way that’s the right.

[StuMas]

Yea, Technically, it's not an 'Inflation Reduction Act'.

[JWREnvironment]

Fantastic news! We will create millions of clean energy and manufacturing jobs and at the same time slow down climate change for our kids and grandkids! About 30 years too late but absolutely marvelous for the United States, the nations of the world, and the natural world we all depend upon! Bravo to the Democrats who pushed, and pushed, and finally made it happen! Where are the Republicans who need to make our country stronger with clean energy and clean manufacturing jobs? Nowhere to be seen!?! That must be the power of the fossil fuel lobbyists and the American Petrochemical Institute.

[mrcatfish]

These old politicians. Pelosi needs to retire. Smh

[Brandonsux]

Oh, what a tangled web we weave, when first we practice to deceive!" Another sad day in America! More taxes!

[narrowlightbulb]

The bill literally reduces the deficit. Why is McCarthy lieing, saying we're spending money we don't have when IT PAYS DOWN DEBT!

[zimmyp]

Why are we celebrating our taxes going up?

[WindFireAllThatKindOfThing]

Let us all take a moment to appreciate that Congress just officially endorsed the IRA.

[amysmith]

Republicans have money for vacation not for public 😂

[ismaelplaca]

This stupid act will actually increase inflation 🤦🏻‍♂️

[joette]

THANK YOU BIDEN/HARRIS now please help the disabled as they live way below the poverty level

[sergiomagana]

McCarthy:. Wreckless because you're not in control.

[marlenesnyderup]

Wow what about us poor struggleing people

[greenalleygator]

Homeowners Associations needs to be Audited! Too much fraud and embezzlement

[wjlintz]

Next stop, Joey Biden! "Mr. President, look, it says INFLATION REDUCTION. Go ahead and sign it and we'll go out for an ice cream cone."

[richardybanez]

This Is Awesome News.You
Dems.Did The Right Criteria.
Richard.