Inflation Reduction Act’s costs are skyrocketing

[rangerrebew]

September 9, 2024
Inflation Reduction Act’s costs are skyrocketing
By Jack Hellner

The falsely named Inflation Reduction Act’s costs are skyrocketing; let’s start with the most obvious.

Progressive politicians “invested” $7.5 billion to build E.V. charging stations around the nation and in the first few years, they’ve built just seven or eight; at this rate, it would take more than 200,000 years to finish the project as they promised. They couldn’t have worse results if they tried.

The bill also budgeted $42.5 billion to connect high speed internet, yet in three years, not one person has been connected. How is that possible? From Dr. Ted Bolema at the Mackinac Center for Public Policy:

Massive federal spending on internet construction will be delayed at least another year, Federal Communication Commissioner Brendan Carr recently announced.

‘In 2021, the Biden Administration got $42.45 billion from Congress to deploy high-speed Internet to millions of Americans,’ Carr tweeted in June. ‘Years later, it has not connected even 1 person with those funds.’

https://www.americanthinker.com/blog/2024/09/inflation_reduction_act_s_costs_are_skyrocketing.html

[rangerrebew]

Progressive politicians “invested” $7.5 billion to build E.V. charging stations around the nation and in the first few years, they’ve built just seven or eight; at this rate, it would take more than 200,000 years to finish the project as they promised. They couldn’t have worse results if they tried.

They didn't want to appear rash in their decision making, I guess.

[Smokin Joe]

Gee. With that stellar record of accomplishments, I wonder why the Democrats are spending so much on this election (and where they got it?).