Arizona Democrat Sen. Kyrsten Sinema announced Thursday that she’s all in on Democrats’ disastrous Inflation Reduction Act.
What turned Sinema from a ‘yes’ to a ‘no’ you ask?
She negotiated the removal of a provision to increase taxes on carried interests, which targeted a loophole that is exploited by uber-wealthy Americans.
Fun Fact: Fox News reports that Sinema has raked in significant amounts of campaign cash from the private equity sector, which stands to benefit quite handsomely from the Senator’s successful negotiation for the removal of that carried interest provision in the bill.
Really looking out for the middle class there, eh Kyrsten?
The Inflation Reduction Act, which apparently aims to curb inflation by creating rampant inflation, is stuffed with all kinds of crap:
- Climate Change Crap!
- Taxes Crap!
- Healthcare Crap!
- SO MUCH CRAP!
And as a special bonus, those who are struggling to survive under Biden’s disastrous domestic energy policies will be pleased to know the legislation is filled with a smattering of crap from the failed “Green New Deal.”
Naturally, that involves lots of “cost lowering” measures like forcing you into overpriced and unaffordable electric cars.
Here’s Pete Buttigieg’s plan idea for turning this mild recession into the worst depression in American history. And note the host’s “enthusiastic” response to Paternity Pete’s comments…
Biden’s Sec. of Transportation: “What’s important is that we get to zero emissions as quickly as we can.”
— The Post Millennial (@TPostMillennial) August 4, 2022
Ah, yes. The U.S. electric grid – already failing and subjecting Americans to prolonged blackouts and brownouts this summer – will have no problem handling all that delicious electric goodness.
And how will we create that electric energy?
Sensible, sustainable, and CLEAN nuclear energy? No way!
Dirty coal and natural gas? Surely you jest!
Humanely harvested unicorn farts? Hey, they’re doing it with cows.
But no, there’s only one way to meet America’s energy needs, reduce the cost of that energy, and get inflation under control:
Meanwhile, Sinema’s support of this disastrous legislation means the bill is set to pass Saturday on party-line vote through a process known as ‘budget reconciliation.’
Question: “What is budget reconciliation and how does it screw me?”
Answer: “A process allows a bill to pass with a simple majority, avoiding the 60-vote threshold required to overcome a Republican filibuster. It requires the votes of all Democrats in the evenly divided Senate plus a tiebreaking vote by Border Czar Kamala Harris.
“Tonight, we’ve taken another critical step toward reducing inflation and the cost of living for America’s families,” the people who pretend to be Joe Biden said in a statement late Thursday. “I look forward to the Senate taking up this legislation and passing it as soon as possible.”
Hammer and Nigel will have more details on this horrific bill on today’s show.