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President Biden addresses America on The Inflation reduction Act of 2022
WHLIVE ^ | 7/28/22 | WH Press address

Posted on 07/28/2022 10:01:55 AM PDT by 1Old Pro

"Experts" tell him this will reduce inflation costs. I would hope so, given the stupid name.

(Excerpt) Read more at whitehouse.gov ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: stagflation
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Medicare can now "negotiate" which he claims will save people money? $2,000 a year cap on prescription drugs
1 posted on 07/28/2022 10:01:55 AM PDT by 1Old Pro
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To: 1Old Pro

$800 a year saving for Obamacare.

Will address the climate and save people by offering tax credits


2 posted on 07/28/2022 10:02:46 AM PDT by 1Old Pro
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To: 1Old Pro

Tax credit up to $7500 for an EV


3 posted on 07/28/2022 10:03:05 AM PDT by 1Old Pro
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To: 1Old Pro

The Inflation reduction Act of 2022 = change the definition of Inflation and Biden wins


4 posted on 07/28/2022 10:04:13 AM PDT by butlerweave
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To: 1Old Pro

Most significant legislation in HISTORY to save climate change.

Corporations have to pay fair share, i.e. HIGHER Taxes and passed on costs to consumers


5 posted on 07/28/2022 10:04:21 AM PDT by 1Old Pro
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To: 1Old Pro

300 billion in deficit savings LOL


6 posted on 07/28/2022 10:04:51 AM PDT by 1Old Pro
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To: 1Old Pro
Why not just issue a press release ordering inflation to reduce now? He could get all the media to claim that it has and then everybody would be happy.

Oh, wait, he's already done that?

7 posted on 07/28/2022 10:05:07 AM PDT by Billthedrill
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To: 1Old Pro

Will not raise taxes on those earning less that 400k. Good thing, because it’s like we all had our taxes doubled with this Bidenflation.


8 posted on 07/28/2022 10:05:58 AM PDT by 1Old Pro
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To: 1Old Pro

Every Democratic spawned bill since Johnson has done the opposite.


9 posted on 07/28/2022 10:05:58 AM PDT by Terry L Smith
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To: 1Old Pro

More jobs, lower inflation, lead the world, every newborn will get a pet unicorn.


10 posted on 07/28/2022 10:06:46 AM PDT by 1Old Pro
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To: 1Old Pro

Oh GOODY the car is now only $60,000 what a bargain!!


11 posted on 07/28/2022 10:06:57 AM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: 1Old Pro

When he says ‘experts’ does he mean the same people who said there wouldn’t be inflation, or the people that said the inflation would be temporary, or the people that said we wouldn’t have a recession?

Seriously, everyone was screaming that his deficit spending would cause inflation and economic damage but his ‘experts’.


12 posted on 07/28/2022 10:07:33 AM PDT by Pete Dovgan
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To: Trump Girl Kit Cat
Oh GOODY the car is now only $60,000 what a bargain!!

And with higher rates, your car loan will be $7500 higher. Saving you, nothing.

13 posted on 07/28/2022 10:08:26 AM PDT by 1Old Pro
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To: 1Old Pro

Don’t forget there are no new taxes on those making less than $400,000 except for every consumer who will pay more for goods and services as increased taxes on corporations cause them to increase their prices to cover those tax hikes. Sorry Sleepy Joe and Democrats, we’re wise to your BS.


14 posted on 07/28/2022 10:09:17 AM PDT by From The Deer Stand
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To: 1Old Pro

Here’s his GDP comment, Powell and significant economists say we are NOT in a recession. So that’s that.


15 posted on 07/28/2022 10:09:24 AM PDT by 1Old Pro
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To: 1Old Pro

> The Inflation reduction Act of 2022 <

I hope I’m wrong here. But big-name laws coming out of Washington usually have an effect opposite of what their names imply.


16 posted on 07/28/2022 10:09:49 AM PDT by Leaning Right (The steal is real.)
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To: 1Old Pro

Inflation reduction act. LOL.


17 posted on 07/28/2022 10:09:57 AM PDT by tennmountainman ( Less Lindell CONS, More AZ Style Audits)
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To: 1Old Pro

This just sounds like a bunch of Biden Communist crap.


18 posted on 07/28/2022 10:10:29 AM PDT by Allegra
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To: 1Old Pro

biden and democrats hate poor people. This law will prove how much biden and democrats hate poor people.


19 posted on 07/28/2022 10:10:34 AM PDT by no-to-illegals (The enemy has US surrounded. May God have mercy on them)
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To: Leaning Right
I hope I’m wrong here. But big-name laws coming out of Washington usually have an exact opposite of what their names imply.

Well, the gun bill in NY called the "Safe act" made criminals safer.

20 posted on 07/28/2022 10:10:53 AM PDT by 1Old Pro
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