Posted on 06/02/2022 1:29:38 PM PDT by American Number 181269513
Washington Post fact-checker Glenn Kessler shot down what he called President Biden's "fantastical" claim in the Wall Street Journal that the American Rescue Plan would lower the average family’s annual utility bill by $500.
In Biden's WSJ op-ed published Monday, he wrote "a dozen CEOs" of massive utility companies in the United States told him earlier this year that his plan would provide ample benefits for Americans. These benefits include $500 shaved off of American’s utility bills and a transition away from "energy produced by autocrats."
Kessler noted Thursday that while Biden is promising massive savings, the White House is "engaging in some inflation of its own."
According to Kessler, Biden’s claim comes from an October report from the Rhodium Group research firm. The firm predicted that if the U.S. adopted Biden’s climate policies, annual household energy costs would be "roughly $500 lower" by 2030, eight years from now. Kessler also pointed out "energy costs" are not synonymous with "utility bills."
‘Indeed, the report notes that, if the Biden climate plan were adopted, home electricity bills by 2030 would be between one dollar more and five dollars less than under current policy. That might pay for an extra ice cream cone over the summer," Kessler wrote.
Most of the estimated $500 savings came from factoring in driving costs, and had nothing to do with home energy bill savings.
Kessler also shot down Biden’s assertion that he heard this figure from energy executives. After reviewing the transcript of Biden’s conversation with executives, Kessler found "no reference" to the savings amount that the president had mentioned.
(Excerpt) Read more at foxnews.com ...
I think Brandon meant you’d save money on your power bill when the power’s out during blackouts.
BINGO
That’d be great since my gas and power run less than $100 as it is.
Wait till the "81 million" find that out the hard way.
The true American Rescue Plan starts on January 20th 2025.
"Listen, when I was growing up, we didn't have air conditioners. We used to go out in the backyard during the summer and camp out under the stars. Then me and Chris and Vern and Teddy DuChamp hiked down the railroad tracks to touch a dead body. C'mon man!"
American families can count on the $500 utility bill savings arriving soon after the promised $2500 annual health insurance savings from Obamacare starts appearing
The check is almost in the mail — trust us!
i wonder what so was so special about this particular dementia joe lie out of dozens of such lies that Bezos decided to call out?
Think of the money you saved last July 4th get together with family & friends and how much more you will save this coming July 4th thanks to the democrat party!
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