August 16, 2022 11:59am EDT
CNN’s Harwood admits climate bill named ‘Inflation Reduction Act’ as a ‘marketing device’ to hook Manchin
Harwood claimed that despite its name, the bill will have a 'negligible' impact on inflation
By Gabriel Hays | Fox News
On the Tuesday episode of CNN's "New Day," John Harwood told anchors John Berman and Brianna Keilar that the nearly $750 billion government spending bill signed by President Joe Biden on Tuesday was dubbed the "Inflation Reduction Act" as a ploy to get moderate Democrats like Senator Joe Manchin, D-W.Va., to support it.
Harwood also emphasized that the "Inflation Reduction Act" will have a "negligible" effect on lowering inflation.
Prior to Harwood’s points, CNN’s Keilar claimed that passage of the bill was a "significant victory for Biden’s agenda and for his party, even if questions remain about whether it will live up to its name.
"New Day" then provided a clip of several Democratic lawmakers and Biden administration officials having trouble explaining how the bill would combat inflation. During the clip, White House press secretary Karine Jean-Pierre struggled to answer how the act would cut inflation, and Rep. Jamie Raskin, D-Md., asked reporters to move onto a different question when asked about the topic.
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https://www.foxnews.com/media/cnns-harwood-admits-climate-bill-named-inflation-reduction-act-marketing-device-hook-manchin
