August 8, 2023 | Rapid Response | RNC Communications
Economy

Biden Sells a Scam

Rapid Response

Joe Biden is at the Grand Canyon today as he makes a desperate attempt to sell the so-called “Inflation Reduction Act” — also known as the Bidenflation Scam — to Americans, almost a year after its passage.

One year later, there’s a reason just 39 percent of Americans say they support the Bidenflation Scam:

  • It does nothing to solve inflation. Economists say the bill will only “add to price pressures” and drive higher deficits.
  • It raises taxes, with more than half of the tax burden falling on Americans making less than $200,000/year — another broken Biden promise.
  • It targets the poor, with $80 billion for 87,000 new IRS agents at an agency with a record of auditing Americans earning $25,000/year FIVE TIMES MORE than other income groups.
  • It’s a giveaway to the rich, with tax credits for electric vehicles (using parts made in China) that are nothing more than a giveaway to the wealthy, subsidized by low- and middle-income Americans.

The Bidenflation Scam is a far-left wishlist cloaked under a catchy name; there’s a reason every Democrat voted for it.

But Americans know Democrats botched their handling of the economy, and only one thing will fix it: sending them packing in 2024.