Senator Joe Manchin (D–WV) recently called out President Joe Biden in an op–ed, claiming that his reckless spending policies are a “fiscal betrayal” and are leading to an ever–growing national debt. But Manchin’s criticism of the Biden administration is too little too late.
Manchin’s op–ed, written for the Wall Street Journal and headlined “Biden’s Inflation Reduction Act Betrayal,” lambasted the Biden administration for their “ideological agenda” and for ignoring the “clear and present danger” of the nation’s debt. Manchin complained that he and Biden had initially agreed that the Inflation Reduction Act (IRA) was designed to pay down the national debt, but now, according to Manchin, “unelected ideologues, bureaucrats, and appointees seem determined to violate and subvert the law to advance a partisan agenda that ignores both energy and fiscal security.”
MRC Business and conservative voices have been warning of the dangers of Biden’s out–of–control spending policies for months, including how the $739 billion IRA can lead to inflation and higher electricity and car prices. In response to Manchin’s op–ed, MRC Business Vice President Dan Schneider called out Manchin for ignoring months–old warnings about the IRA and for greenlighting the bill in the first place.
Heritage Foundation economist Diana Furchtgott–Roth echoed Schneider’s sentiments, adding that the IRA was “never about reducing inflation,” but rather “about increasing spending on renewables and electric vehicles,” which in turn “increases the deficit and raises Americans’ electricity and car prices.”
Manchin argued in his op–ed that President Biden is the only one who “can rein in this extremism,” and his op–ed was likely a last–minute effort to distance himself from Biden’s policies. But it’s too little too late. Biden’s reckless spending policies are already in motion.
Senator Joe Manchin admits Democrats are afraid to talk about reining in spending and responsible budgeting because of politics pic.twitter.com/vJx9pfOq3R
— RNC Research (@RNCResearch) April 3, 2023
