Biden Signs Inflation Reduction Act into Law
Biden Signs Inflation Reduction Act into Law
After a long and drawn out battle in congress, the Inflation Reduction Act has been signed into law. We must continue to pray.
From Daily Mail. President Joe Biden signed the Inflation Reduction Act at the White House on Tuesday, injecting $473billion of new spending on climate and healthcare amid concerns it will do little to reduce inflation.
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Biden thanked Joe Manchin, the moderate Democratic senator who killed his initial Build Back Better package and finally signed on to the new legislation after months of negotiations – including the guarantee of a gas pipeline in his home state of West Virginia….
‘Joe, I never had a doubt,’ he told the Democrat at a signing ceremony, where Biden hailed the measure as a tool to take on the special interests.
Biden, who wore a mask when he first entered the room after first lady Jill Biden tested positive for COVID, called it a ‘historic moment’ and bashed Republicans for voting in unison against it.
‘For a while, people doubted whether any of it would happen,’ he told Senate Majority Leader Charles Schumer, who helped forge the final deal with Manchin.
Schumer himself called it the ‘most important’ thing Congress had done ‘in a long time.’ He also hailed ‘one of the most productive stretches in Senate history,’ and oddly told the president: ‘We wouldn’t be here without you….’
Manchin praised Biden and bashed Republicans for not voting for a package he said ‘puts confidence in the market.’ He also credited the president’s decision to stand back after the initial deal blew up, infuriating Manchin’s fellow Democrats….
Manchin also bristled when pressed on estimates the bill would not bring down inflation in the near term. ‘Well immediately it’s not. We never said anything would happen immediately – like today, turn the switch on,’ he said.
Biden made clear he intends to use the new measure as a cudgel against Republicans.
‘In this historic moment, Democrats sided with the American people and every single Republican in the Congress sided with the special interests,’ he said. ‘Every single one.’
‘Every single Republican in Congress voted against lowering prescription drug prices. Against lowering health care costs. Against a fairer tax system. Every single Republican – every single one – voted against tackling the climate crisis….’
It ranks as one of Biden’s top legislative achievements, and the president scheduled a bill signing in the State Dining Room of the White House to champion….
The bill includes $430 billion in spending, raises $737 billion over a decade in revenue, and is projected to shave about $300 billion off the deficit. It raises $265 billion by allowing the government to negotiate with drug companies for lower Medicare prescription drug costs.
Its climate provisions, totaling $369 billion, are projected to cut carbon emissions by 40 per cent from earlier levels, and it includes extensions of Affordable Care Act subsidies totaling $64 billion. …
How are you praying for America in the wake of this bill becoming law? Share your thoughts and prayers below.
(Excerpt from Daily Mail. Photo Credit: Getty Images)
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Lord at times its over wheleming to hear and read about all the evil and corruption that is taking place.But we know where our help comes from. You Lord are mighty.You are our defender.Your word declares the prayer of a righteous women is something to be reckoned with. Reckon with our prayers Father, as we cry out for justice and truth on the the issues that concern you. We call America one Nation under God.There’s a remnant of people in this land who love you passionately.We trust you as we lift our voices to the heavens as a sweet smelling fragrance unto your throne.Thank you Lord for all you are doing behind the scenes. Thank you for all the people coming to faith in your son Jesus Christ.Thank you for hope, provision, confidence,peace and rest. We have been chosen to live at this time and hour. We will not faint and lose heart. For you are the King of glory and will return soon for your bride. Until then we have our armor on and will fight with the sword of the Spirit which is your Word.Thank you for the victory ,the enemy is defeated in King Jesus most powerful name Amen.
They threw the boomerang. It will return heavier and faster. It will connect to the thrower.
Father, an administration that rejects You, wants to destroy children, murder 28 day old babies and repeat the folly of Germany just before WW1, which lied about everything cO-viD wants people to believe they have our best interest at heart.
This is a trap and a pit they have set and dug for themselves. Father, protect us from evil men and women!
I believe the democrats have already planned to cheat with this upcoming election! FATHER GOD please let the voters vote for righteousness in such an overwhelming number that no amount of cheating will matter in JESUS MIGHTY NAME! Amen!
Why do we repeat the words of a notorious liar on this website? I do not listen to him because every time biden opens his mouth he is lying! His entire group of usurpers lie constantly just like their father the devil! They think Americans have been bullied into acceptance of their plans to destroy America and Americans, but we are preparing to fight against the evil! I remember every time Israel had their back against the wall, they cried out to GOD and HE sent deliverance! FATHER GOD we are crying out to YOU for deliverance from these usurpers who appears to always have the upper hand and come out on top! However we walk by faith and not by sight! FATHER GOD thank YOU for striving with them that strive with us and fighting against them that fight against us in JESUS NAME! We have no might or power against these evil demons running the people in our government, but YOU do! YOU are all Powerful and we ask that YOU fight this battle for us! Order our steps and paths and protect us against all of the power of the enemy in JESUS MIGHTY NAME! Amen!
Build Back Better not
Green New Deal
The lies, the demonic thinking process….the arrogance of it all
It could bring even the strongest person to their knees..the past 19 months of the intensity of it all…
So we must keep our eyes where they belong. On JESUS….
ONLY HE CAN SAVE AMERICA FROM THE demonic agenda at hand….I really can’t stand their LIES
Manchin’s state should oust him!! He LIED …Standing up there clapping after Biden signed the Green New Deal…because that’s exactly what it is…covered it up with a new name
GOD BLESS AMERICA