Liberal media organizations and journalists are under fire for abruptly reporting on the Inflation Reduction Act in a different way after it was passed because it won’t actually decrease inflation.
Kaitlan Collins, CNN’s lead White House correspondent, described the legislation as the climate, tax, and health care bill as President Biden prepared to sign it.
Like many other media sites, Reuters likewise abandoned the claim that the measure aimed to lower inflation.
ABC’s Jonathan Karl said it’s “almost Orwellian” how the Democrats were initially, at least, marketing it as the Inflation Reduction Act, noting that the neutral Congressional Budget Office stated the law will have a negligible influence on inflation in the near future.
Sen. Bernie Sanders also criticized the legislation, noting that “the CBO and other economic organizations that study this bill, say it will, in fact, have a minimal impact on inflation.” Sen. Joe Manchin recognized the plan won’t have an impact on inflation anytime soon.
The largest climate bill in American history, totaling $430 billion, was signed into law by President Joe Biden on Tuesday. It is intended to reduce domestic greenhouse gas emissions as well as excessive inflation and the cost of prescription drugs.
Senator Joe Manchin of West Virginia, whose backing was essential to the passage of the Inflation Reduction Act along party lines after he blockaded much greater measures urged by the White House, joined Biden at a White House event.
Any idea where the “inflation reduction” part ran off too? https://t.co/r9T4murnt4— Paul Thacker (@paulthacker11) August 16, 2022
They screamed “ inflation reduction bill”! Are you telling me it was a lie? https://t.co/LAi2qi0L8Z— T M Freeman (@1rightwife) August 16, 2022
They just openly lie and nothing ever happens.— Chad Felix Greene (@chadfelixg) August 16, 2022
Republicans do nothing.
Politics is pointless. https://t.co/Hou1GaFNNL
President Joe Biden signs Democrats’ landmark climate change and health care bill into law as he aims to boost his party’s standing with voters less than three months before the midterm elections.https://t.co/HvbPgIikfL— New York Daily News (@NYDailyNews) August 16, 2022
JUST IN: President Biden signs a sweeping $750 billion health care, tax and climate bill into law, securing a key piece of his agenda.— CNN (@CNN) August 16, 2022
This marks a major victory for his administration and the Democratic Party ahead of the midterm elections.https://t.co/JNc093jtVS pic.twitter.com/o1PB7ftL5d