President Joe Biden poured $740 billion on top of red hot inflation with the stroke of a pen. On Tuesday, he was met with cheers as as he signed the so-called Inflation Reduction Act into law.
Democrat Senator Richard Blumenthal (Conn.) said outcomes of this year’s midterm elections will show whether Joe Biden should run for re-election in 2024. In a CNN interview Sunday, the Connecticut senator said Democrats need to work harder to get Biden’s policy agenda passed in Congress over the coming two years.
The Biden administration has paired up with Big Business to promote its latest social spending bill. The President said a Democrat-backed spending binge will combat inflation, but hundreds of economists disagree.