Joe Manchin knows how to read and knew exactly what he was doing.
Blaze: CNN correspondent John Harwood said Tuesday the name “Inflation Reduction Act” was nothing more than a “marketing device” meant to trick Sen. Joe Manchin (D-W.Va.) into supporting President Joe Biden’s agenda.
Speaking on CNN’s “New Day,” Harwood was asked whether the bill would “live up to its name” as law. Harwood admitted that it will not.
Not only will the Inflation Reduction Act not live up to its name and actually reduce inflation by any meaningful standard, but Harwood charged that Democrats strategically slapped the bill with that name to dupe Manchin into supporting it.
“No, it doesn’t live up to its name,” Harwood said. “Let’s be real: They called it the Inflation Reduction Act as a marketing device, in part to lock down the vote of Joe Manchin or to reassure Joe Manchin that they were focused on his issue.
“It is going to have a negligible effect on inflation,” he admitted. “If it does anything, it might reduce inflation a tiny, tiny bit, but that’s not what it’s about. more here
Manchin Admits Inflation Reduction Act Won’t ‘Immediately’ Reduce Inflation.
The $740 billion piece of legislation, signed this week by President Joe Biden, was made possible by a deal between Manchin and Senate Majority Leader Chuck Schumer (D-NY). When asked by Fox News reporter Hillary Vaughn whether the title of the law is misleading given its lack of effect on the price of staple goods, Manchin replied, “Why would it?”
“Well, immediately it’s not,” Manchin added. “We’ve never [said] anything would happen immediately, like turn the switch on and off.” more here