(TheConservativeNews.org) – John Harwood, a correspondent with CNN, stated on Tuesday that the title, “Inflation Reduction Act” was basically just a marketing ploy designed to dupe Virginia Democratic Sen. Joe Manchin into putting his support behind President Joe Biden’s agenda.
“No, it doesn’t live up to its name,” Harwood went on to say. “Let’s be real: They called it the Inflation Reduction Act as a marketing device, in part to lock down the vote of Joe Manchin or to reassure Joe Manchin that they were focused on his issue.”
He continued, saying, “It is going to have a negligible effect on inflation. If it does anything, it might reduce inflation a tiny, tiny bit, but that’s not what it’s about.”
“What’s it 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 stated. “If it does any appreciable to reduce inflation, that’s gravy.”
Now, House Democrats are warning Sen. Joe Manchin that they won’t honor the deal he made with party leaders to secure his vote on President Biden’s massive spending and tax law.
They plan to break the promises Mr. Biden and Congress’ Democratic leaders made to Mr. Manchin, a conservative West Virginia Democrat, to cut bureaucratic red tape to speed up the permitting process for energy projects of all forms. That promise secured the crucial support from Mr. Manchin needed to pass a $773 billion law for climate change, health care and tax hikes.
Now that Mr. Manchin held up his end of the deal, progressive Democrats in the House say they owe him nothing because they were shut out of the deal-making process, and streamlining energy projects would undercut their newly enacted climate spending law.
“We sure as hell don’t owe Joe Manchin anything now,” Rep. Rashida Tlaib, Michigan Democrat, told the left-leaning news outlet The American Prospect.
Rep. Jared Huffman, California Democrat and leading climate advocate, told Politico he refuses to be “steamrolled into a bunch of fossil fuel giveaways just because Manchin cut a deal in a closed room with Chuck Schumer.”