BKP talks about Biden’s Big Week, breaking down IRA and what it real says for us

Bidens big week. Sen­ate pass­es land­mark $750 bil­lion infla­tion reduc­tion act. Why do we keep print­ing this mon­ey? Your prop­er­ty tax­es are say­ing HI. It is not a tyran­ny. You can own the prop­er­ty, we will send you a list of things you can do on the prop­er­ty, you can stay on the prop­er­ty if you do what we tell you and you pay your tax­es.

Just when you thought Kamala Har­ris was use­less here she is in action, as the tiebreak­er in the Infla­tion Reduc­tion Act. A first hand look at the destruc­tion of our repub­lic. All she had to do was read the script and get out of there.

They are doing some­thing. And vot­ers in Novem­ber will talk about how the democ­rats are doing some­thing and mak­ing an effort. The media is help­ing push the nar­ra­tive with news and com­mer­cials. Sen­ate pass­es sweep­ing cli­mate, health and tax pack­age and putting democ­rats on cups of his­toric win. As health­care is blocked by repub­li­cans.

This is the green new deal and repub­li­cans can stop it. When leg­is­la­tion pass­es we have to have the repub­li­cans in the house to stop the press from print­ing all this mon­ey.

This is leg­is­la­tion that every house­hold will feel. We have played the com­mer­cials that MSNBC and CNN are run­ning.

Expands cred­its for man­u­fac­ture and pur­chase of elec­tric vehi­cles. The house of rep­re­sen­ta­tives is the purse strings and we want them to stop that.

Con­sumer rebates on the pur­chase of ener­gy effi­cient appli­ances.

$4 bil­lion to fight drought in west­ern states.

$60 bil­lion to help vul­ner­a­ble com­mu­ni­ties dis­pro­por­tion­ate­ly affect­ed by cli­mate change.

Most appli­ances are built out­side of this coun­try. Very few are made in Amer­i­ca today. The point is they will be star­tled with mak­ing fuel and ener­gy effi­cient appli­ances. Now it will be 650 to bould that ener­gy effi­cient machine and the gov­ern­ment will give a 300 cred­it. Their com­pa­ny will get the 650 and the gov­ern­ment pays the 300. So you will pay 350 now and 300 lat­er in tax­es. Now these com­pa­nies will be pay­ing a 15% tax, which will be passed to the con­sumer.
Gen­er­al motors, ford, toy­ota is get­ting an enor­mous amount of mon­ey to retool their plant for elec­tric vehi­cles. And watch and see how many man­u­fac­tures are get­ting the mon­ey that are not in this coun­try but in North Amer­i­ca. The gov­ern­ment will tell you that you will get the rebate and you get the car for 30K and 10K rebate. You will pay that rebate amount in tax­es.

Low­ers aca pre­mi­ums and extends sub­si­dies through 2024, this will con­tin­ue
Caps out of pock­et RX drugs under medicare at $2000 a year. But if the bill does­nt do any­thing to the insur­ance com­pa­nies to stop shift­ing the bur­den to the pri­vate sec­tor. You might as well help grand­ma and grand­pa your­self. Any­time Seniors get any kind of break they shift the bur­den to the rest of the pop­u­la­tion. It will raise tax­es.

Impos­es a 15% cor­po­rate min­i­mum tax on com­pa­nies mak­ing at least $1billion. They will shift that 15% bur­den to you, the Amer­i­can peo­ple. They will not take the 15% hit. They are just shift­ing it to the con­sumer. The mid­dle class, the low­er rung of soci­ety.

Funds increased IRS enforce­ment.

Infla­tion Reduc­tion Act, it does not reduce infla­tion, low­er costs, and it will not change any­thing in the envi­ron­ment.

Bidens wins: Amer­i­can Recov­ery Act = 1.9T, Infra­struc­ture Invest­ment and Jobs Act= $550B, CHIPs and Sci­ence Act = $700B, Infla­tion Reduc­tion Act = $700B. Biden has dems more hope­ful ahead of midterms. Hope­ful­ly we can get the repub­li­cans in there to stop all the mon­ey that will be print­ing. When you take over every­thing will not be print­ed. Do not fund it. We can stop this mad­ness, if you con­tact your Rep­re­sen­ta­tives.

We can’t even get start­ed on this. We can not have 5 car charges in your garage. You know that argu­ment you have in your home on your phone charges and you have 19 plugged in around the house and you qui­et­ly unplug some­one elses to plug in yours. We cant even begin to talk about the chaos. Nobody is accept­ing that this will work. They have just put a name on it, to get Biden’s polling num­bers up to hope­ful­ly save the sen­ate. It will not be Joe Biden on the tick­et in 2024.
Does it allow some or not all of nego­ti­at­ing drug prices.

There is deficit spend­ing and there is debt. We need to audit the fed. No one knows the num­ber. We are 30 T in debt. Say the gov­ern­ment brings in 1T and spends 2T, that is 1T in debt. Record tax rev­enue is com­ing into your coun­ty, state, and fed­er­al gov­ern­ment. They are bring­ing in record tax rev­enue and we cant bring down the debt. All they can do is min­i­mize deficit spend­ing. If the gov­ern­ment brings in 1T and spends 1.7B, you have .7B in debt but you have reduced the deficit spend­ing by 300B.