On 9/27/2022, Joe Biden delivered remarks on lowering healthcare costs and ‘protecting’ Medicare and Social Security. Joe Biden claimed his “Inflation Reduction Act” will reduce inflation and no one making less than $400K will pay more in federal taxes, “And let me be crystal clear about something else: No one, as I said when I ran, no one earning less than $400,000 a year will pay a single penny more in federal taxes,” Biden said. Once again, Joe Biden claims ‘Inflation Reduction Act’ will reduce inflation. He once again repeats that “no one earning less than $400k/yr” will pay taxes under his plan.
On 9/26/2022, Democratic Senator Bernie Sanders blasted the inflation Reduction Act and President Joe Biden’s economy, during a segment on NBC’s “Late Night” with Seth Meyers.
On 9/27/2022, Democrat New York City Mayor Eric Adams slammed Kansas for not having “a brand,” during his remarks in New York, New York.
On 9/27/2022, President Joe Biden advisor Keisha Lance Bottoms still doesn’t have estimates for how much President Joe Biden’s student loan bailout will cost, during a segment on CNN’s “Newsroom” with Erica Hill. She, ironically, calls for “thoughtful” border process.
Karine Jean-Pierre: Biden “Has Worked Towards To Make Sure That The Economy Works For Everyone” “buy a house”.
On 9/27/2022, a reporter asked White House Press Secretary Karine Jean-Pierre, “A plaintiff in Indiana has filed a lawsuit trying to block the President’s student loan forgiveness initiative, claiming that his tax bill is going to go up and cost more than the student loan forgiveness would be because of the program in Indiana. Can — any comment on that from the White House? And do you expect the program to move forward as planned this year?”
MS. JEAN-PIERRE: Well, look, so — just to step back for a second — this — when it comes to the student loan debt relief, this is a promise that the President made on the campaign trail … You might hear him say that in just a little bit: how he has worked towards to make sure that the economy works for everyone and not to leave anyone behind. And so, when you look at the student — the student loans relief program, … Anyone who does not want to — to give [get] that debt relief can choose to opt out … Americans who now are going to be able to put money down to maybe buy a house or to start a family. And that matters.
Reporter: .. the cost is — actually, the premium costs last year went up because of the federal government’s plan to purchase this Alzheimer’s drug that turned out to be not quite as effective as people thought. Now premiums are pretty much going back down to where they were before that. So isn’t this just getting things back to where they were and not truly lowering premium costs?
MS. JEAN-PIERRE: Look, I mean, we see — look, we see this as a win for the American people, when they’re going to get about $60 a year back into their pocket. That’s important. You know — and so I think that’s how we see this. And as you couple that with what the President has been wanting to do and trying to do and has done with the Inflation Reduction Act, continuing to lower class [sic] — costs. And if you look at the Inflation Reduction Act, it is the — it is, right now, the number one piece of legislation that’s clearly law that has dealt — that is dealing with an issue that the Americans are feeling every day .. That’s why Democrats, and only Democrats, voted for this piece of legislation.
MS. JEAN-PIERRE: With that, Josh, you want to kick us off? We don’t have much time because I know some of you — you all have to gather in about 10 minutes or so.
Reporter: Just let the pool go real fast.
MS. JEAN-PIERRE: Okay. Well, whoever needs to go — oh, that’s including you, Josh. Bye. (Laughter.)
Reporter: I have to go, but can I ask a quick question, Karine?
MS. JEAN-PIERRE: Okay. Let me guess what it’s about. (Laughter.)
Reporter: We got to go.
MS. JEAN-PIERRE: We got to go. I’m sorry, guys. We got to go.
Reporter: Oh, but you didn’t answer my question
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Biden: no tax increase under $400k/yr; WH: Inflation Reduction Act, Student loan bailout buy a house