Most Americans say the Democrats’ recent climate-focused spending increase won’t help curb inflation. economyI found /YouGov.
In a poll conducted before the Senate passed the $700 billion Inflation Reduction Act on Sunday, respondents were asked how they felt about the Senate’s proposal for a $369 billion climate and energy package that promises to “reduce greenhouse gas emissions 40 percent from 2005 levels at the expense of 2030”. Only half expressed support for this particular package.
The survey also asked, “Do you support or oppose the $369 billion climate and energy bill, which includes reducing greenhouse gas emissions, giving the government the power to negotiate drug price cuts, and requiring a minimum 15 percent tax on large corporations?
Fifty-one percent said they supported it, but later polled respondents asked whether they thought the bill would increase or decrease inflation, the most important question for most Americans.
Overall, 59 percent said the climate-focused recommendation would not reduce inflation. Of these, 23 percent said they would “not change” inflation, while 36 percent said they would actually “increase” inflation.
The survey was conducted among 1,500 U.S. citizens from July 30 to August 2, 2022, and before Senate Democrats have passed a $700 billion bill, including more than $300 billion in climate change programs. Also, according to a fact sheet from Rep. Jason Smith (R-MO), a senior member of the House Budget Committee, said the bill actually contains more than $400 billion for the Green New Deal while “eliminating two years of false sunset”. ”
House Freedom Caucus criticized “bonanza spending” and said the proposal “has more to do with embracing the socialist Green New Deal agenda than real relief for Americans suffering from a staggering 9.1% inflation”.
“Worse, this bill not only diverts $369 billion to special-interest climate change donations, it does so at the expense of American taxpayers,” the House of Representatives said in a statement. aforementioned.
Even the congressional budget Office (CBO) said the proposal did not reduce inflation.
Source: Breitbart
