Staff Reports
The Inflation Reduction Act, marketed as a noble effort to combat inflation, is turning out to be anything but that. President Biden’s candid admission at a recent energy event in Wisconsin revealed the truth about this massive spending spree: it’s a generous handout to the green energy lobby. Who could’ve guessed? It seems the act has more to do with windmills than wallets.
During his visit to the battleground state, Biden touted the administration’s $7.3 billion “rural electrification” initiative, which supposedly aims to ensure affordable electricity for 5 million rural households. But the reality behind this so-called benefit looks like it’s filled with shiny new wind turbines intended to enliven the green energy sector, and perhaps the wallets of those who lobby for them. It’s not hard to see who stands to gain the most from this legislation.
Biden admits the ‘Inflation Reduction Act’ was just a scam to fund climate agenda
"We should have named it what it was."https://t.co/YoveSZCnLz pic.twitter.com/IT3gsESLg9
— I am @sheeplovelies (@Imsheeplovelies) September 6, 2024
As Biden chatted with green energy supporters, he made a blunder in admitting that the Inflation Reduction Act is actually a climate change law complete with a whopping $369 billion price tag. Most people monitoring inflation trends might wonder why investments in green energy have yet to translate into any noticeable relief at the gas pump—if anything, energy prices have skyrocketed since Biden took office. The so-called Green New Deal is likely turning into the Green New Drain on family budgets.
The talking points from the Biden administration have been consistent: they claim that these green initiatives will create jobs and spur innovation. But with utility rates climbing by 30% since his term began, it’s difficult to swallow that pill. Critics like Daniel Turner have jumped into the fray, pointing out the suspicious timing of this financial announcement—just weeks before an election. One can’t help but wonder if these “investments” aren’t just election-year maneuvers.
As if things couldn’t get more complicated for the Biden administration, Vice President Harris has started to distance herself from the green energy narrative. In a surprising turn, she recently expressed her opposition to electric vehicle mandates, throwing shade at Biden’s commitment to transitioning federal and military vehicles to electric by 2030. It appears even the Democrats can’t decide if they want to commit to their own policies or if they’d prefer to keep those woodworking saws of green energy just a little further back on the shelf.
