Biden Advisor Turns Question On High Grocery Prices Into Prescription; No Safeguards Next Solyndra


On 8/16/2023, John Podesta and Biden Advisor Neera Tanden made an appearance at White House Press briefing to lecture us on ‘climate change.’ & Inflation Reduction Act.

Biden Advisor Neera Tanden Turns Question On High Grocery Prices Into Speech On Prescription Drugs
Reporter: You talk about the — the insulin costs being reduced and the caps for seniors. And all that’s great for people who do this regularly. But for most people, you know, it’s grocery stores and gas stations. Those are the places where they’re spending money out of pocket most regularly. What do you say to them? I mean, other than just “Hang tight, it’s getting better.” Because there doesn’t seem to be anything in — in the bill — in the legislation that addresses that specifically. Is that right?

MS. TANDEN: I will say that of the — of the stresses on families every day, healthcare costs are one of their paramount concerns … and he succeeded in getting the Congress, for the first time, to ensure that we have Medicare drug negotiation. These prices are a big component of what people are experiencing every day in terms of high costs. And — and we can see from public polling why there is such a great demand. And despite Pharma’s attacks over the course of a year, this kind — the past Congress actually passed this legislation.

John Podesta Has No Answer On “Safeguards” To Ensure Bidenflation Funds Won’t Be Next Solyndra
Reporter: Mr. Podesta, I wanted to return to the issue of public-private partnerships. During the Obama administration, of course, then-Vice President Biden oversaw a lot of stimulus spending, but didn’t foresee the $528 million loss that was Solyndra. As President, more recently, he heralded the electric bus factory — manufacturer, excuse me — Proterra, but it went out of business last week. So, I’m wondering if you can speak to some of the safeguards and steps that you’ve taken to steward this public taxpayer money and ensure that there won’t be another Solyndra.

MR. PODESTA: Yeah for — I’ll just speak very, very quick. From day one, I asked that the inspectors general convene … they’re independent but have the highest level of input from the inspector general to avoid chasing the horse when it’s out of the barn, try to make sure that the program design kept the horses inside the barn. And I think with respect to the loan program — particularly, our friends on the other side of the aisle like to talk about Solyndra … if you’re making loans to new technology industries, you’re going to have some things that don’t work. You can’t have a 100 percent record, but a 4 percent default rate against those loans is consistent with the highest levels of — of the private-sector lending standards. So, I think it’s operating very well, and it’s producing a lot of work for the American people.

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Biden Advisor Turns Question On High Grocery Prices Into Prescription; No Safeguards Next Solyndra

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