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VisitWill the Inflation Reduction Act face a legal challenge in federal court by the end of 2024?
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Biden 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.
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