The backlash has begun.
Senators Joe Manchin (D-WV) and Chuck Schumer (D-NY) have struck a deal to resurrect parts of Biden’s Build Back boondoggle under the new bill the “Inflation Reduction Act of 2022.”
“I now propose and will vote for the Inflation Reduction Act of 2022. Rather than risking more inflation with trillions in new spending, this bill will cut the inflation taxes Americans are paying, lower the cost of health insurance and prescription drugs, and ensure our country invests in the energy security and climate change solutions,” Manchin said. “President Biden, Leader Schumer and Speaker Pelosi have committed to advancing a suite of commonsense permitting reforms this fall.”
Prominent GOP voices shared their reactions on Twitter, many warning about the dangers of passing a spending bill while America is on the precipice of an economic crisis.
Senator Marsha Blackburn (R-TN) says the new bill will bankrupt America.
Senate Minority Leader Mitch McConnell says it will cost American jobs.
Senator Roger Wicker (R-MS), ranking member on the Senate Commerce Committee, says it will only put the economy further off track.
More over at Fox News: