Atlanta, GA – Today, President Biden is delivering remarks on the one-year anniversary of the Inflation Reduction Act, the $750 billion health care, tax and climate bill he signed into law last year. In response, Tea Party Patriots Act (TPPA) Honorary Chairman Jenny Beth Martin issued the following statement:   

“Only in Washington would spending $750 billion that we don’t have be considered an ‘Inflation Reduction Act.’  It’s Orwellian and the American people are not fooled by it.  One year after signing his signature bill, inflation continues to be an albatross around the necks of the American people.  We’re continuing to experience the worst inflation since the Jimmy Carter era.  Inflation rose in July and it will likely continue to rise in August as gas prices eat a bigger hole in our wallets.  Biden and his Democrat allies in Congress who passed this bill on a party-line vote should be embarrassed to publicly celebrate this economic disaster.”