Nancy Pelosi Just Doubled Down on Stupid
The “inflation” plan proposed by Joe Biden was hurriedly pushed through the Senate by Democrats, including the senator known for his flip-flopping. In all honesty, his “Build Back Better” initiative is merely this measure under a different name. That is, it will end up costing the American people billions of dollars, while simultaneously raising taxes and having little effect on inflation.
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However, after spending billions of taxpayer dollars, Democrats are now spending millions of dollars attempting to persuade Americans that this measure is not what it seems to be at first glance. How pitiful is that? However, we are aware that this was the true motivation behind them passing this harmful tax-and-spend bill. The Democrats are currently spending millions of dollars to convince their typical victims that this law will be beneficial to them.
However, it turns out to be yet another case of baiting and switching. The plan was meant to bring inflation under control by increasing taxes on the wealthy and resolving a few issues. However, an independent analysis of this plan finds that it will raise taxes for the majority of Americans while having almost no impact on the overall rate of inflation.
Therefore, in keeping with their typical practice, Democrats are attempting to spin the law by claiming that this was about green energy and prescription prices instead of the inflation issue. Even Bernie Sanders has admitted that this legislation accomplishes nothing to reduce the cost of medical care. He stated that the Americans who are currently enrolled in Medicare as well as those who are not enrolled in Medicare will not profit. (However, large pharmaceutical companies won’t)
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And the claim is that this will assist the United States in reaching its goal of being energy independent. Doubtful. The imposition of enormous new levies on fossil fuel firms by this bill would result in an increase in the overall price of energy. In addition to that, it will invest billions of dollars in renewable sources of energy, of which only a minority of Americans are even able to make use. However, this has not stopped Democrats from wasting campaign funds in order to trick people into believing that this is a “victory.”