Posted on 05/24/2023 5:08:48 PM PDT by ChicagoConservative27
On Wednesday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, and currently serves as the show’s Economic Analyst, acknowledged that, according to estimates by both the government and the private sector, the green provisions in the Inflation Reduction Act are going to cost hundreds of billions of dollars more than originally estimated.
(Excerpt) Read more at breitbart.com ...
Obviously, with all the cost overruns it will be necessary to cut other programs. Start with the welfare system and bennies for illegal aliens.
Gaslighting... he thinks *we* are stupid, retarded, or both.
And he may be right about half of us.
spending us into oblivion
padding the pockets of donors
while imposing tyranny
where’s the downside?
More theft by government.
He knows that the “cost overruns” are partially made up of payments to the “chosen ones..”
GOP House must refuse to raise the ceiling. The U.S. will NOT default. This is a lie. Federal law and the Constitution mandates creditors get paid first, and discretionary cuts MUST be made by the President. They don’t want to cut ANYTHING, because it is payola to their shock troops, unions and NGOs. But they will have no choice at all but do so.
according to estimates by both the government and the private sector, the green provisions in the Inflation Reduction Act are going to cost hundreds of billions of dollars more than originally estimated.
It’s gonna cost a lot more for our basic needs prepare accordingly. Enjoy the decline
They allocated $ X amount of money. Even thought I think it is $ X amount of money too much, objectively, they should not the not spend even $1 more than allocated!
Anyone who talks about going from 390 billion to maybe over a trillion as “a little bit more money” has lost all sense of reality. Rattner is revealing the true agenda here— the destruction of the dollar by endless
“borrowing”— hence the drive for an end to the debt limit.
Both. These morons will drive the dollar to zero. A one-billion dollar note for a loaf of bread.
The Social Security Ponzi scheme is minuscule compared the ‘artificial’ debt limit. At the current level of deficit spending we’ll hit some $50,000,000,000,000 in our lifetimes easily.
Spending hundreds of billions more dollars is the way to combat inflation.
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