{"id":2004954,"date":"2023-08-18T14:10:13","date_gmt":"2023-08-18T18:10:13","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-60-seconds-of-democrats-pretending-to-fight-inflation\/"},"modified":"2023-08-18T14:11:31","modified_gmt":"2023-08-18T18:11:31","slug":"watch-60-seconds-of-democrats-pretending-to-fight-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-60-seconds-of-democrats-pretending-to-fight-inflation\/","title":{"rendered":"VIDEO: Democrats Faking Battle Against Inflation &#8211; Just 60 Seconds"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwatch-60-seconds-of-democrats-pretending-to-fight-inflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2004954&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div>\n<h2>President Biden&#8217;s Inflation Reduction Act: More Than \u2062Meets\u2064 the Eye<\/h2>\n<p>Last week, President Joe Biden made a \u200bsurprising admission about his signature \u2062Inflation \u200dReduction Act. In a candid moment at an Aug. 10 fundraiser, he revealed that the name of the act was\u200d somewhat misleading. Rather than being \u200dsolely focused on fighting \u2064inflation, the act is primarily aimed at <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-60-seconds-of-democrats-pretending-to-fight-inflation\/\" title=\"VIDEO: Democrats Faking Battle Against Inflation - Just 60 Seconds\">providing alternative solutions<\/a> that will <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tax-hikes-in-manchin-biden-bill-will-crush-middle-class-americans-and-manufacturers-say-critics\/\" title=\"Tax Hikes in Manchin\u2013Biden Bill Will Crush Middle-Class Americans and Manufacturers, Say Critics\">generate economic growth<\/a>.<\/p>\n<h3>Debate and Criticism Surrounding the Act<\/h3>\n<p>Even before Biden&#8217;s admission, lawmakers and economists had \u200craised \u2063concerns about the act&#8217;s\u2063 true intentions. Senate Minority\u200b Leader Mitch McConnell\u2063 (R., Ky.) criticized it\u200d as a collection \u200bof tax hikes and green initiatives\u2063 that Democrats have long \u200ddesired, \u200bwith a new label slapped on the front. The Congressional Budget Office&#8217;s report \u2064also indicated that the act&#8217;s impact on inflation would be minimal \u200bin the coming years. The Penn \u2062Wharton \u200dBudget Model echoed this sentiment, stating that the\u200d act&#8217;s \u2064effect on inflation would be statistically\u2063 insignificant.<\/p>\n<h3>A Misleading Name<\/h3>\n<p>Despite these criticisms, Biden and other Democrats \u2062continued to argue that the act \u2062would\u200d indeed <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-manchin-reconciliation-bill-a-recipe-for-economic-crisis\/\" title=\"Sen. Manchin: Reconciliation bill a \u2018recipe for economic crisis\u2019\">combat inflation<\/a>, \u2063often pointing to its \u200bname as evidence. In July 2022, Biden confidently declared, &#8220;This bill is <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/despite-skyrocketing-inflation-janet-yellen-will-keep-pushing-for-biden-spending-agenda\/\" title=\"Despite Skyrocketing Inflation, Janet Yellen Will Keep Pushing For Biden Spending Agenda\">fighting inflation<\/a>,&#8221; during \u200cremarks \u200bat the White\u200b House. Senator Elizabeth Warren (D., Mass.) praised the \u200dact&#8217;s naming, acknowledging \u200dits cleverness.<\/p>\n<h3>Defending the Act<\/h3>\n<p>When questioned about the potentially \u200dmisleading title, Senator \u2064Joe\u2063 Manchin\u2063 (D.,\u200d W.Va.) dismissed the notion,\u2064 asserting that the act&#8217;s\u200b intentions were \u200dclear.\u2062 White House press secretary Karine Jean-Pierre defended the act, emphasizing its \u200coverall impact on reducing the deficit.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden recently acknowledged that his Inflation Reduction Act, despite its name, primarily focuses on generating economic growth rather than combating inflation. During an Aug. 10 fundraiser, he expressed regret for the misleading title, stating that it should have emphasized the provision of alternatives that stimulate the economy. This revelation has sparked discussions among lawmakers and economists.<\/p>\n","protected":false},"author":2112,"featured_media":2004955,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2004954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2004954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2112"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2004954"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2004954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2004955"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2004954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2004954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2004954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}