White House on Biden Admitting 'Inflation Reduction Act' Isn't Really About Inflation: It's 'Also About Reducing Prices'

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White House on Biden Admitting 'Inflation Reduction Act' Isn't Really About Inflation: It's 'Also About Reducing Prices'
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During an interview with the 'Pod Save America' podcast that took place on Monday and was released on Tuesday, White House Counsel of Economic Advisers | Clips

During an interview with the “Pod Save America” podcast that took place on Monday and was released on Tuesday, White House Counsel of Economic Advisers member Heather Boushey responded to President Joe Bidenthat the Inflation Reduction Act “has less to do with reducing inflation than it does to do with dealing with providing for alternatives that generate economic growth” and is misnamed by stating that “it is definitely about green investment.

Boushey said, “As his economist, it is definitely about green investment. It is also about reducing prices, so, let me be very clear. Now, the President is, of course never wrong, but…I think that he is very right to focus on the fact that, with that piece of legislation, we are making historic investments in clean energy. That will reduce prices for families.

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