Biden to celebrate the approval of the Inflation Reduction Act



President Joe Biden signed the inflation reduction bill in August, but celebrates it on Tuesday despite rising inflation figures. WATCH ABC News live stream here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP See more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #abcnews #abcnlupdate #biden #inflation #act #economy

Original source (ABC/Youtube)

22 comments

  1. Gas prices are only lower right now because they are using trumps reserves that Trump stockpiled when he was president but once that runs out we’re fd

  2. Why didn’t they name it the green new deal? Democrats are fake asf

  3. IRA will not lower inflation because real problem is supply chain from China. China export about $500 billion to the US and not all are finished products. It effects about $2 trillion to the US economy a year using Chinese supplier. Now IRA is starting trade war with S Korea. Government involvement to inefficient companies will fail like in the past with the US shipping industry in 1980s unless US tax payers are willing to pay for their loss every year. US can't be efficient producing everything and that's why global trade is very important. US haven't had high inflation since China joined WTO and exporting cheap Chinese supplies to the US even during Internet bubble and Subprime mess time with FOMC printing more money. Now China is raising price to the world with pandemic shut down and trade war with the US.

  4. World will celebrate the passage of… omg, this is beyond

  5. Its disgusting how they clap at the destruction of their own country.
    These people are just awful.

  6. اليس.فيكم.رجل.رشيد.لاحتكام.الي.العقل.والصواب.اساس.العمران.ثم.ياتي.القانون.يحرس.الجميع..حاكم.ومحكوم.وشكرا.اصحاب.الصفوه

  7. 👎🏻👎🏻👎🏻👎🏻💩

  8. Keep up the bad work 😂 😂 hahaha
    Puppet Bellend Woke Jo
    WELCOME BACK PRESIDENT TRUMP 2024 …..😍😃👌👍

  9. Worst President Ever
    Democrats Hate America and Americans
    Steal from the Poor and Working Class
    Give to the Woke Cult Costal Elites and China

  10. People in the media celebrate the fact that they’ve put even more distance between them and the middle class. They veil it with compassion. Remember this in 2024 libbies. You were a pawn in there game and we warned you but then you fell for their narrative.

    Stop making the same mistakes.

  11. Can even buy a house you need to make about 160k a year to buy a decent home

  12. By the way, who the hell is kamala harris??

  13. Biden and the donkeycrats celebrate while plummeting stock notifications slide across our tvs sets….WOW WOW WOW talk about delusional!!… keep up the awfully corrupt work donkeycrats! COMPLETE EMBARRASSING JOKE our country became when this useless braindead gut took the office seat

  14. Democrats are a joke!!! Your days are numbered!!!’

  15. This guy is the “pied piper”. He’s leading this country off a cliff. Sad thing is so many don’t see this!!!!

  16. Biden killed my 401k and crypto. I hate this guy. #FJB #AmericaLast

  17. the rich celebrate using your tax dollars to pay for it….how nice

  18. The democrats are absolutely clueless. We’re headed into a recession inflation hit 8.5%. Joe’s a moron.

  19. Celebrate your disaster of an administration

  20. Great more spending by the democrats. Money grows on trees appearantly. FJB 👎 👎

  21. 6 stooges and Traitor Turtle:
    “You can’t make it up: Hours after this terrible inflation report, the White House is hosting an ‘inflation reduction’ celebration,” Senate Minority Leader Mitch McConnell (R-Ky.) tweeted. “Democrats have spent our economy into disaster and now they’re partying while families pay. They could not look more out of touch if they tried.”