Pelosi & Dems Cheer after they passed Inflation Reduction Act; Dems addicted to spend Your Money


Kamala Harris Rambles In Word Salad About Space In The 20th, 21st Centuries.
On 8/12/2022, The House of Representatives passed the $740 billion Inflation Reduction Act bill which will raise taxes on the middle class and make inflation worse. The Senate passed the ‘Inflation Reduction Act’ through budget reconciliation last week and Pelosi brought it to the House floor on Friday. Pelosi and House Democrats cheered as they passed the bill on On 8/12/2022. The bill will now head to Joe Biden’s desk for a signature. The bill will allocate $369 million for ‘green energy’ and add 87,000 new IRS employees. Inflation rates are still at 40-year highs despite Joe Biden claiming we had “0% inflation” in July. The Democrat Party’s answer to record inflation — MORE spending! Now you have to wonder what’s really in this bill.

Democratic House Speaker Nancy Pelosi said Republicans who opposed the Inflation Reduction Act voted against “Mother Earth.” “To lower prescription drug costs, to lower health care costs, to reduce the deficit and paid-for to lower inflation, to save the planet – and every single Republican in the House and in the Senate voted against it,” the California Democrat said at the bill enrollment ceremony for the Inflation Reduction Act on Friday.

Pelosi continued, “How could they vote against lowering prescription drug costs? How could they vote against helping families with their health care costs? How can they vote against the planet, Mother Earth? Mother Earth gets angry from time to time, and this legislation will help us address all of that.”

“To lower prescription drug costs, to lower health care costs, to reduce the deficit and paid-for to lower inflation, to save the planet – and every single Republican in the House and in the Senate voted against it,” the California Democrat said at the bill enrollment ceremony for the Inflation Reduction Act on Friday.

Pelosi continued, “How could they vote against lowering prescription drug costs? How could they vote against helping families with their health care costs? How can they vote against the planet, Mother Earth? Mother Earth gets angry from time to time, and this legislation will help us address all of that.”

The GOP proposed an amendment regarding people making less than $400,000 that said they would be protected from the impact of the bill. The CBO said that they had “not completed a point estimate of this amendment but the preliminary assessment indicates that amendment 5404 would reduce the ‘non-scorable’ revenues resulting from the provisions of section 10301 by at least $20 billion over the FY2022-FY2031 period.” The CBO said on Thursday that it needs more time to fully score the current Senate-passed version of the bill but it’s been scheduled for a House vote anyway. “Given the scope of the amendments to title I, Committee on Finance, CBO expects that it will be a few weeks before we can fully analyze and estimate those budgetary effects, at which point we will provide a complete cost estimate for the legislation,” CBO Director Phillip Swagel wrote on Thursday in a letter to Sen. Bernie Sanders (I-Vt.), the chairman of the Senate Budget Committee.

On 8/12/2022, During debate on the Democrats’ Tax and Spend bill, House Republican Leader Kevin McCarthy (CA-23) warned of the consequences of their out of control spending. “Democrats – more than any other majority in history – are addicted to spending other people’s money,” McCarthy said. “Regardless of what we as a country can afford.” Democrats are addicted to spending your money. Remember this day. When they jammed through a 700-page bill that raises your taxes and doubles the size of the IRS. 87 days from now, Democrats will have only themselves to blame… “Democrats, more than any other majority in history, are addicted to spending other people’s money, regardless of what we as a country can afford,” said House Minority Leader Kevin McCarthy, R-Calif. “I can almost see glee in their eyes.”

Today, the People’s House should be working to answer our country’s call to address the rising price of gas, groceries, and just about everything else that Americans buy. “Instead, moments from now, we will take up the most misguided and tone deaf bill in this Chamber’s 232 year history … Democrats – more than any other majority in history – are addicted to spending other people’s money, regardless of what we as a country can afford.
… They started this Congress with trillions in wasteful spending that caused runaway inflation. Now, they are choosing to end the session by spending half-a-trillion dollars more of your money, raising taxes on the middle class, and giving handouts to their liberal allies. Unlike most of the Democrats, I’ve read this bill past the title. And the facts about this bill are astonishing.

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Pelosi & Dems Cheer after they passed Inflation Reduction Act; McCarthy Dems addicted to spend Your Money.

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