John Podesta Touts Inflation Reduction Act as Largest Climate Change Bill in History

Former White House Chief-of-Staff for Bill Clinton. Senior Advisor to Joe Biden. Clean Energy Innovation John Podesta recently spoke out in support of Biden’s. $739 billion Inflation Reduction Act was “most significant climate legislation that’s ever passed in US history.” 

“The IRA, the inflation Reduction Act is the largest and most significant piece of clean energy legislation,” Podesta stated. “It’s estimated to be about $370 billion over 10 years. It’s transformative and attacking all the sectors of the economy that are involved in emissions, causing climate change, clean power, clean buildings, clean transportation, clean manufacturing.” 

“We’ve seen a renaissance in manufacturing already as a result of the anticipation,” Podesta was added.

The Inflation Reduction Act was created. 755-page, $739 billion August saw the adoption of the spending plan Democrats: Climate change is being addressed and the bill Passed The United States Senate was voted along party lines. Vice President Kamala Harris had to vote the tie-breaking ballot. 

“There’s been over $200 billion of announced investment in electric vehicle batteries alone,” Podesta stated. “And these investments are taking place all across the country. From Georgia and Alabama to Michigan, Ohio, to upstate New York to California and Nevada.  This really is significant and transformative and I think we’ll reach every corner of the United States.”

Taxes will be increased for all except those who earn between $10,000 and $30,000 annually by the massive spending package Joe Biden’s words may not be true He would not increase taxes on people earning less than $400,000. Inflation Reduction Act (a href=”) will also be in effect.https://thepostmillennial.com/biden-increases-irs-agents-to-almost-170-000-70-000-will-be-armed-to-target-middle-class-americans”>significantly Increase the size of IRS You can also create new positions for close to 87,000 IRS agents.