Aug 18, 2022 03:45 AM
Manchin: Democrats ‘never said’ Inflation Reduction Act would immediately bring down costs
https://dailycaller.com/2022/08/17/joe-m...uce-costs/
EXCERPTS: Democratic West Virginia Sen. Joe Manchin claimed Democrats “never said” the newly passed Inflation Reduction Act would immediately bring down costs.
The senator admitted to Fox News reporter Hillary Vaughn that the reconciliation package will not “immediately” bring down the costs of groceries and everyday goods. Several Democrats have said Americans will see prices go down thanks to the legislation.
[...] Non-partisan government agencies and reports have contradicted Democrats’ claims that the legislation will lower inflation. The Congressional Budget Office (CBO) said the legislation will have a “negligible impact on inflation” in the current and next year. A University of Pennsylvania Wharton budget model similarly found that it will have no effect on inflation and is only expected to cut the deficit by $248 billion.
CNN White House correspondent John Harwood said Tuesday that the legislation’s name was a “marketing device” to persuade Manchin to support it.
“What it’s about is climate, it’s about health policy, extending Obamacare subsidies, lowering prescription drug costs by letting Medicare negotiate and taxing big corporations. That’s the core element of the plan,” Harwood continued. “If it does anything appreciable to reduce inflation, that’s gravy.” (MORE - missing details)
Biden’s EV push undermined by scarce and faulty charging stations
https://dailycaller.com/2022/08/17/biden...-stations/
INTRO: Many electric car charging stations in the U.S. break or malfunction when drivers need them, which is undermining President Joe Biden’s efforts to phase out gas-powered vehicles, according to a JD Power study released on Wednesday. Electric vehicle (EV) owners are complaining that public infrastructure to support EV usage is poor, despite efforts to increase the number of public EV chargers in the country, according to a Wednesday press release summarizing JD Power’s Electric Vehicle Experience Public Charging Study... (MORE - details)
https://dailycaller.com/2022/08/17/joe-m...uce-costs/
EXCERPTS: Democratic West Virginia Sen. Joe Manchin claimed Democrats “never said” the newly passed Inflation Reduction Act would immediately bring down costs.
The senator admitted to Fox News reporter Hillary Vaughn that the reconciliation package will not “immediately” bring down the costs of groceries and everyday goods. Several Democrats have said Americans will see prices go down thanks to the legislation.
[...] Non-partisan government agencies and reports have contradicted Democrats’ claims that the legislation will lower inflation. The Congressional Budget Office (CBO) said the legislation will have a “negligible impact on inflation” in the current and next year. A University of Pennsylvania Wharton budget model similarly found that it will have no effect on inflation and is only expected to cut the deficit by $248 billion.
CNN White House correspondent John Harwood said Tuesday that the legislation’s name was a “marketing device” to persuade Manchin to support it.
“What it’s about is climate, it’s about health policy, extending Obamacare subsidies, lowering prescription drug costs by letting Medicare negotiate and taxing big corporations. That’s the core element of the plan,” Harwood continued. “If it does anything appreciable to reduce inflation, that’s gravy.” (MORE - missing details)
Biden’s EV push undermined by scarce and faulty charging stations
https://dailycaller.com/2022/08/17/biden...-stations/
INTRO: Many electric car charging stations in the U.S. break or malfunction when drivers need them, which is undermining President Joe Biden’s efforts to phase out gas-powered vehicles, according to a JD Power study released on Wednesday. Electric vehicle (EV) owners are complaining that public infrastructure to support EV usage is poor, despite efforts to increase the number of public EV chargers in the country, according to a Wednesday press release summarizing JD Power’s Electric Vehicle Experience Public Charging Study... (MORE - details)