The truth comes out.
Fox News contributor Gary Kaltbaum breaks down inflation fears following rising oil prices on 'Your World.'wasn't as much about actually reducing the then-record-high inflation facing the nation as he originally touted to the American people.I wish I hadn’t called it that.
"And so, we're now in a situation where if you take a look at what we're doing in the Inflation Reduction Act, we're literally reducing the cost of people being able to make their — meet their basic needs," Biden said. "Even when there is inflation there is a way to provide breathing room," he added, citing negotiating medical prices as one example.
President Joe Biden speaks during an event in the East Room of the White House in Washington, DC, US, on Tuesday, July 25, 2023. Biden's comments are a sharp turn from what he said in July 2022 ahead of the Inflation Reduction Act's passage"The Inflation Reduction Act is the strongest bill you can pass. It will lower inflation, cut the deficit, reduce health care costs, tackle the climate crisis, and promote energy security," he said.
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At at former Solo cup factory turned wind tower plant, Biden showcases a green energy revolutionThe event coincided with the year anniversary of the signing of the Chips and Science Act and the Inflation Reduction Act, which was signed a week later.
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At a former Solo cup factory turned wind tower plant, Biden showcases a green energy revolutionThe Inflation Reduction Act earmarked $369B for energy security and climate change programs. With scientists officially confirming that July was the hottest month ever on record, what has the IRA's impact been so far? PippaStevens13 reports.
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