Biden makes candid admission about Inflation Reduction Act, says 'should've named what it was'

WASHINGTON, DC: In an unexpected disclosure, President Joe Biden acknowledged that the Inflation Reduction Act, a significant legislative achievement enacted in 2022, was not chiefly designed to tackle inflation, despite what its title implies.

In an unscripted moment, Biden candidly acknowledged that the Act was mainly centered on climate change initiatives and suggested that its title should have been more reflective of its primary focus.

Joe Biden reveals Inflation Reduction Act was mainly about climate change

The President made comments during a recent public appearance, speaking without the aid of a teleprompter.

Biden stated that the Inflation Reduction Act primarily funds climate change initiatives and suggested that the Act should have been named more appropriately to reflect its purpose.

He remarked, “Through my investments, the most significant climate change law ever. And by the way, it is a $369 billion bill.”

The 81-year-old President went on to say, “It's called the [Inflation Reduction Act]. We should have named it what it was.”

The recent admission signifies a notable departure from the legislative narrative previously advanced by the Administration and lawmakers. Initially, the Act was presented as a strategy to tackle escalating inflation, which is a major issue for numerous Americans grappling with heightened living expenses.

The Inflation Reduction Act represented a significant legislative endeavor during Biden's presidency, with provisions designed to cut greenhouse gas emissions, foster renewable energy, and invest in green technologies.

Although the Act encompassed measures that might indirectly affect inflation, like deficit reduction and rebates for energy-efficient home upgrades, its main emphasis was addressing climate change.

President Biden's remarks underscore the Administration's continued challenges in conveying intricate legislative initiatives to the public. As these comments disseminate, they may invite heightened scrutiny regarding the framing and communication of forthcoming legislative endeavors.

Internet ridiculed Joe Biden

The President's forthright remarks have sparked a flurry of reactions from political analysts and the public alike.

A user said talking of Biden, "I guess when you’ve lied your entire life and then get dementia, it results in you telling the truth."

Another mocked, "He should've named it what it was? Wouldn't "Government funneling taxpayer money to wealthy 'green' corporations" be too long of a name?"

One commentator claimed, "It was a money laundering scam"

"They just have to keep him away from a microphone at this point. I'm surprised they are even letting him out of the White House," someone else said.

A person said, "The more they put Biden in front of a mic, the more truth we may accidentally hear. Sad but true."

One chimed in, "Joe Biden is the last person Democrats should be allowing to speak. What a train wreck. So he admits his landmark bill was a lie. Yet he’ll face no consequences."

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.