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Sen. Moran: ‘Nothing’ In Inflation Reduction Act ‘Appeals To Me’

Posted by Brian -5pc on July 31, 2022 · Flag

Sen. Jerry Moran (R-KS) can’t find anything to like or to admit he likes about the Inflation Reduction Act which would cut health care costs, decrease the deficit, boost energy production and help combat climate change.

Moran discussed the bill on Fox News yesterday from his car, in Dodge City. “There’s nothing here that appeals to me,” Moran told host Neil Cavuto. “There’s no belief that this bill is going to do anything to improve [people’s] lives, and they’re verry worried it’s going to make things worse.”

Moran supported Donald Trump’s tax cuts which caused an explosive rise in the national debt. But now, he said, “Congress needs to get its act together and get spending under control.” He claimed, “Most Kansans never believed that raising taxes is going to do anything to help the economy.”

Cavuto noted that the bill provides “a 15% minimum tax for companies to pay, especially those that don’t pay taxes,” and that the Biden administration "is arguing that this is an opportunity for those companies to pay their fair share, to protect the climate, to do all of this stuff.” He added, “You say?”\

Moran said he was open to a bill making the tax code fairer and which “eliminates the things that are detrimental to the economy, but now, in this time of a recession, this time of high cost of living, is not the time to tinker with the tax code.”

“It’s a time to make sure that we start balancing our books by spending less money, not more,” he said.

Cavuto said that Sen. Joe Manchin (D-WV) liked the bill because it provides tax credits and benefits for “traditional coal, fossil fuels.”

“I’m an all energy guy,” Moran said. But he griped the bill “doesn’t do what needs to be at this point in time with the cost of living increases related to the cost of oil and natural gas.” He also complained, “We need to be drilling and exploring and producing more.”

The act provides $260 billion in clean energy tax credits, $80 billion in rebates for electric vehicles, $27 billion for a “green bank,” a 15% corporate minimum tax for corporations earning over $1 billion per year in profits, $124 billion for IRS enforcement, allows Medicare to negotiate drug prices, and extends Obamacare subsidies. It would also reduce the budget deficit by more than $300 billion over the next 10 years, and put less pressure on the Federal Reserve to raise interest rates.

You can watch the discussion below, from the July 30, 2022 Cavuto Live.

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Bemused commented 2022-08-02 11:38:18 -0400 · Flag
John McKee wrote: “It gets very much easier after the first ten minutes.”

Oops. You meant not breathing, didn’t you? I understood that sentence to refer to the making of word salad.
Bemused commented 2022-08-01 02:37:32 -0400 · Flag
Thanks Brian, for an excellent summary of what’s actually IN the bill! A change in name doesn’t seem to have changed the original version (that Manchin may have regretted having voted against) all that much.

Manchin is on a power-high (like a sugar-high, but the active ingredient is ego, not sugar); "Golly gee, wilkerson! Look at me, Mom! I can – single-handedly – hold the congress of the USA hostage. This singularly authoritarian bent makes him sound a lot like TFG, not a leader able to bring others together to support a common cause, rather more like a movie figure sitting on a horse silhouetted against the setting sun. A wannabe hero-figure who expects to be admired simply for getting his way regardless of the consequences to others. Reminds me of my kid brother acting out like superman when he was three years old. Luckily, he grew out of that sort of behaviour.
Bemused commented 2022-08-01 02:21:24 -0400 · Flag
Hilarious snark-take, John McKee. And, yes, making moronic statements like Moran gets easier as one acquires practice in using that handy list of talking points provided to GOP politicians. As I understand it, the bill would raise taxes only on corporations that make over a billion dollars in profits!!!! That’s after expenses and those businesses have really smart accountants to cook the books legally. That’s why most of them don’t pay much tax at all at present. It beats me why anybody other than the owners and shareholders should see anything wrong with that.

A query: what’s so special about talking from your car? Makes you look like one of the folks caught live during a commute? The car, itself, is a super-duper something or the other? I’m perplexed, To me, it brings back memories of a silly joke where a kid lounging on someone else’s car and waving a set of car keys fails to get a girl’s attention because he forgot to take the bicycle clip off his trousers.
John McKee commented 2022-07-31 21:47:00 -0400 · Flag
This Free Air For All bill might sound good at first hearing, but it doesn’t take account of some essential questions. Unrestricted access to air, including the largely overlooked nitrogen content that I call pork, could do untold damage to the economy for starters.

Isn’t it the height of unamericanation (USA! USA! USA!) to give everyone oxygen ‘according to their needs’, as Marx would have it? Why should paedophiliac groomers and muslamic pork avoiders (potential terrorists, every one!) be given free rein to breathe AT WILL? How can we restrain welfare queens and their mongrel offspring from abusing the system and overusing the resource? Will there still be enough air left for industry to load with coal combustion by-products and other harmless emissions?

I will not be supporting this communistic bill and would urge all other alt-right-thinking Americans to show their righteous contempt by refraining from breathing for the foreseeable future*.
  • It gets very much easier after the first ten minutes.








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