Should be called "Gaslight Induction Act"!!! and other huge news...

🔥 SIGN UP FOR MY EMAIL LIST 👉 https://ept.ms/NewsletterYT
🔵 WATCH THE FULL EPISODE: https://ept.ms/MaraLagoShockWaveYT
⭕ EpochTV EXCLUSIVES OFFER: $1 for 2 MONTHS 👉 https://ept.ms/1For2Months-Larry_
==
🔥 GET MYPILLOW EXCLUSIVE LIMITED OFFER:
Go to MyPillow.com, and use promo code ELDER
Call 800-659-9385. Use the promo code: ELDER
==
Inflation Reduction Act” has an Orwellian ring to it. National Review: The Congressional Budget Office, the Penn Wharton Budget Model, and even bill supporter Bernie Sanders all agree: The bill won’t have a noticeable impact on inflation at all.

Everything in it was proposed by Democrats before inflation became a pressing concern, and the bill serves progressive interests (which explains Sanders’s support).

The biggest chunk of spending is on corporate welfare for green-energy companies. That’s what corporate tax credits mean in the context of climate policy, and the Democrats’ bill has hundreds of billions of dollars’ worth of them.

Progressives are breathlessly claiming that the bill will reduce emissions by 40 percent by 2030.

What they aren’t saying as loudly is that the 40 percent is measured starting in 2005, so much of the reduction (halfway to 40 percent as of 2020) has occurred already…

The bill raises corporate taxes through a book minimum tax. Corporations pass much of their tax burden on to consumers, who are already facing higher prices.

It also contains a hidden gas-tax increase by reinstating the Superfund tax that lapsed in the 1990s (National Review).

Stephen Moore: I’ve never seen anything like this in my 35 years. This will bankrupt our country (Daybreak Daily).
----
Biden’s Legislation Has Put America in Record-High Inflation and In Recession

Breitbart: Although congressional Democrats have only a four-member majority in the House and a one-member majority in the Senate, Biden has been able to pass a substantial legislative agenda.

It is also notable that Biden has spent so much during the first half of his term in office. This includes: The $1.9 trillion American Recovery Act, Biden’s coronavirus relief bill.

The $550 billion so-called Infrastructure Investment and Jobs Act. The $280 billion Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act. $700 billion Inflation Reduction Act.

As Politico noted, these expenditures amount to roughly $3.5 trillion and address many leftist priorities such as “the pandemic and its economic fallout, highways, bridges, broadband, rail, manufacturing, science, prescription drug prices, health insurance, climate change, deficit reduction and tax equity.” This spending has followed as Americans continue to reel from record-high inflation(Breitbart).

----
Washington Examiner: Unprecedented money printing and federal spending make it harder for businesses to rebuild , leading to empty store shelves and out-of-control prices. Years of these left-wing policies have progressively gummed up the engines of our economy, and we’re all now paying the price.

Instead of facing reality and stopping the damage, Biden and congressional Democrats have announced yet another legislative package filled with even more pork and misguided policies.The Biden administration pretends it’s not happening and has opted for tone-deaf nitpicking over the definition of a recession
---
Lindsey Graham: ‘God Help Us’ with IRS Expansion
---
Biden immigration

CBS: U.S. border officials on Monday suspended Trump-era rules that required certain migrants to wait for their asylum hearings in Mexico.

The suspension followed a federal court order that put an end to a lengthy legal back-and-forth over President Biden’s efforts to end the policy.

In a statement, the Department of Homeland Security (DHS) said it would process migrants already enrolled in the program and allow them to continue their asylum cases inside the U.S.

The announcement, which came more than a year after the Biden administration first moved to terminate the Remain-in-Mexico rules, was made possible by a court order earlier on Monday (CBS).

New York Post: Former President Donald Trump first implemented MPP in early 2019 as the number of migrant encounters surged over 100,000 each month (New York Post).
--
Serena Williams Retiring

Serena Williams' retirement highlights a double standard in sports

In a Vogue article, Williams, who turns 41 next month, said that she will retire after the U.S. Open, which begins in late August. A win at the tournament would tie her with Margaret Court’s record of 24 grand slam titles.
--
GUNS
80 Year old store owner shoots robber in the arm

AND

How the FBI Undercounts Armed Citizen Responders to Mass Killers -- and Media Play Along | RealClearInvestigation

Serena Williams on retiring at 41: ‘If I were a guy, I wouldn’t’ have to choose between tennis and a family

#biden #inflation #irs
🔵 Find Larry Elder on TV: NTD.com/TV
----
© All Rights Reserved.