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Biden Admits His $369 Billion Inflation Reduction Act Wasn’t About Inflation

Speaking in Wisconsin on Thursday, President Joe Biden bragged about his spending for his climate change agenda while inadvertently admitting that his gigantically-priced “Inflation Reduction Act” was not really about reducing inflation.

“I’m proud to announce that my investments, that through my investments, the most significant climate change law ever,” Biden boasted, then revealed that the Inflation Reduction Act title was simply a fig leaf for the real intent of the bill, continuing, ‘” And by the way, it is a $369 billion bill. It’s called the [Inflation Reduction Act]. We should have named it what it was.”

The bill was passed by Congress and signed into law by Biden in August 2022. In July 2023, Biden bragged on Facebook, “The Inflation Reduction Act included $369 billion, the biggest investment in the world in climate change, and we got it done without a…

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