Loading...
Loading...
Browse all stories on DeepNewz
VisitBiden Admits $369 Billion 'Inflation Reduction Act' Is a Climate Change Law; Kamala Harris Cast Tie-Breaking Vote
Sep 5, 2024, 08:17 PM
President Joe Biden has admitted that the 'Inflation Reduction Act' is primarily a climate change law rather than a measure to reduce inflation. During a recent speech, Biden acknowledged that the act, which is a $369 billion bill, should have been named to reflect its true purpose. The act, which has been described as the most significant climate change legislation ever, was initially presented as a means to combat inflation. Biden's remarks have sparked criticism and accusations of misleading the public about the bill's true intent. Vice President Kamala Harris cast the tie-breaking vote for the act, which some have likened to a scaled-down version of the Green New Deal.
View original story
Markets
No • 50%
Yes • 50%
Official Congressional records and announcements
Yes • 50%
No • 50%
Federal court records and announcements
No • 50%
Yes • 50%
EPA or other official environmental reports
Amendment • 25%
Other • 25%
No significant action • 25%
Repeal • 25%
Official Congressional records and announcements
Inflation Reduction • 25%
Other • 25%
Climate Change • 25%
Economic Impact • 25%
Analysis of major news outlets and public opinion surveys
Other • 25%
Renewable Energy • 25%
Manufacturing • 25%
Transportation • 25%
Economic and industry reports