The alarm has been sounded by Republicans, who are warning Democrats that they will certainly “pay the price” for passing what is called the “Inflation Reduction” bill – that will see a further $700 billion wasted.
The Democrats managed to pass a massive spending bill, apparently to get America out of the situation the Democrats put them in in the first place and includes plans for “extending enhanced Obamacare subsidies, spending more than $300 billion on climate change programs, and allowing Medicare to negotiate the price of drugs,” according to Breitbart News.
Thanks to Sen. Joe Manchin (D-WV), who managed to strike a deal with Biden, sided with the Democrats after months of resistance, tipping the vote to a 50/50 split, handing Vice President Kamala Harris the deciding vote.
Republican National Committee Chairwoman Ronna McDaniel released a statement following the passing of the bill and said that come this year’s Midterm elections in November, Democrats will face the consequences.
“Democrats will pay the price in November for raising taxes on families during a recession,” McDaniel told Breitbart News.
Sen. Ted Cruz (R-TX) also added that Democrats have done nothing but bend to their “radical leftist base at the expense of middle-class Americans.”
“The Schumer-Manchin bill will drive up inflation and prices, hammer small businesses and American manufacturing, increase the price of gas, and sic the IRS on Americans, all while raising taxes on Americans in nearly every tax bracket including those who make less than $400,000 a year,” Cruz said in a statement.
On Twitter, Sen. John Kennedy (R-LA) called the bill a “special kind of stupid.”
“It’s a special kind of stupid to raise taxes during both a recession and inflation—that’s called stagflation, which is what we have right now as a result of President Biden’s policies,” tweeted Kennedy.
Sen. Marsha Blackburn (R-TN) tweeted, “The Democrats’ reckless tax and spending plan includes nearly $370 billion to fund the Green New Deal, $64 billion for Obamacare, and hundreds of billions in new taxes on American businesses and manufacturers,”
“The spending spree also includes $80 billion to double the number of IRS agents — practically giving every American a personalized tax auditor. We should be cutting taxes, not increasing them,” she added. “It is a shame that Senate Democrats have forced through a socialist agenda that will make life more difficult and expensive for Tennesseans.”
The House Freedom Caucus called the new bill a “spending bonanza” – part of the Democrats plans to enact socialist agendas such as the ridiculous Green New Deal, while Americans are suffering from inflation and rising living costs.
“A host of non-partisan experts all agree that this legislation will not decrease inflation, and many forecast that it will have the opposite impact,” said the caucus. “Worse still, not only does this bill direct $369 billion in handouts to climate change special interests, but it does so on the backs of the American taxpayer.”
“To finance their socialist agenda, Democrats are supersizing the Internal Revenue Service with $80 billion (six times the agency’s annual budget) to create an army of 87,000 new enforcement agents to target Americans with as many as one million additional audits per year on taxpayers earning less than $200,000 – the same middle-class suffering the most from the skyrocketing inflation of Bidenomics,” it added.
Yes they will because the REPUBLICANS WILL REPEAL IT BECAUSE ITS A TERRIBLE WASTEFUL WASTE OF TIME AND OUR TAX DOLLARS NOT YOU’RE TAX DOLLARS YOU DONT PAY TAXS YOU’RE A DAMM DEMORAT
the politicians think they’re clever. the spent like drunken sailors early in 2021, thinking the effects of their recklessness would be over by the mid-terms. and you might notice a decrease in inflation for a time. now they are spending another trillion on their special interests just prior to the election, the effects of which will not be felt until long after the mid-terms. reckless spending and increased taxation at the start of a recession are a recipe for disaster.
WHY ISN’T THIS BIDEN REGIE OF ANTI-AMERICANS NOT BEING TREATED AS THE ENEMY THAT THEY ARE AGAINST THE USA? WHY ARE THEY STILL IN POWER? WHERE’S THE MILITIA? WHERE’S THE BIKERS? HELL! WHERE’S THE “BATMAN”???
A major portion of this insidious attack on us with this “piece of legislation” is supposed to go the the faux “ climate change”…….. what EXACTLY is this money going towards in that respect ?!!!!!!!…… just what I figured.
Chuck Schumer……. you’re the biggest idiot in Congress ( and a closet pedophile I hear). But then he’s a democrat so go figure!
The first individuals who should be audited should be the Pelosi’s, Biden’s and Obama’s.
Oh, and 80 billion for 87,000 new “agents”….. gestapo more like it…… I’m perplexed at that number, I’d love to know where that 80 billion is REALLY going to be used…..
Well BOYS AND GIRLS THIS ADMINISTRATION HAS PROVEN BEYOND A SHADOW OF DOUBT THEY DONT HAVE LEADERSHIP QUALITIES SO REMEMBER FOR THE REST OF YOU’RE LIFE NEVER ALLOW THE CORRUPT DEMOCRATS BACK INTO ANY LEADERSHIP IN AMERICA
If I wanted to end my life being strung up on a rope, I’d let it be known I was a close friend to Joe Biden when & if he ever goes out in public. Let’s face it, the world would be a much better & safer place without him & his corrupt family. Most gold fish have a better understanding of the economy than him. Bet you won’t print this!