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Home»Politics»‘This is bulls**t’: Joe Manchin is ‘raising hell’ over Biden’s implementation of Inflation Reduction Act
Politics

‘This is bulls**t’: Joe Manchin is ‘raising hell’ over Biden’s implementation of Inflation Reduction Act

February 15, 2023No Comments2 Mins Read
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Sen. Joe Manchin (D-W.Va.) is reportedly furious with the Biden administration over its implementation of the Inflation Reduction Act, a bill that became law only with Manchin’s support.

According to Politico, Manchin has been “raising hell” over the Biden administration’s implementation of the law, which the media now describes as a “tax, climate, and health care” law because it has nothing to do with reducing inflation.

Specifically, Manchin is upset over delayed guidance about the law’s tax credits for electric vehicles and he wants “strict requirements for electric-vehicle battery sourcing,” Politico reported, so that U.S. manufacturing gets a boost.

Manchin is also upset the White House has embraced the climate narrative about the law, rather than promising domestic energy security.

“I’ve been raising hell,” Manchin told Politico. “They almost act like they gotta send $7,500 or a person won’t buy a car. Which is crazy, ludicrous thinking for the federal government. I just totally and absolutely am disagreeing with what they’re doing.”

For Democrats hoping to end oil and gas production, Manchin had strong words

“This is bullshit. So they’re gonna basically starve us out of energy that we have a tremendous, abundant supply of because of their aspirational thoughts?” he told Politico of his Democratic colleagues. “I will continue to fight and I’ll do everything I can to make sure the public knows what they’re doing and what it will do to you and your economy and your lifestyle.”

Last month, Manchin introduced legislation that halts the disbursement of EV tax credits until the Biden administration complies with the strict guidelines in the Inflation Reduction Act.

See also  Yields Surge as Hot Inflation Data Emboldens Hawks: Markets Wrap

The Treasury Department is slated to finalize guidelines on the tax credits next month, several months after the statutory deadline of Dec. 31, 2022. In the meantime, Americans can take advantage of the tax credit without having to abide by the guidelines set forth in the Inflation Reduction Act.

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