Bloomberg wrote recently about Bill Gates’ lobbying efforts to Joe Manchin for the climate and spending bill known as the “Inflation Reduction Act”. Although it won’t reduce inflation according to nonpartisan experts, Gates was determined that the bill would be passed to advance his creepy vision of a transition to clean energy.
Bill Gates (tech billionaire, sex addict) spent a lot of time lobbying Senator Joe Manchin, D-WV, for new legislation Gates claimed would address climate change and global warming. Gates also spoke to Chuck Schumer in an attempt to save the climate bill.
Gates had more to his optimism than just his belief in tackling climate change. Bloomberg Green revealed that he quietly lobbied Manchin and other senators before President Joe Biden was elected.
The bill was passed unanimously by Democrats.
Nonpartisan analysts believe that the Inflation Reduction Act will not lower inflation. According to the Congressional Budget Office, however, it would reduce budget deficits by $101.5 millions between now and 2031 according to a Wednesday estimate.
Between this year and 2027, the budget deficit will rise by $24.6 billion. New tax provisions will cause the deficit to fall next year. It will then rise each year up to 2028.
This shift can be attributed in part to expectations about when price changes for drugs will take place.
