And they really dominate the solar and wind supply chains and directly subsidize Chinese owned solar and wind projects operating in the US So I just wanted to clear that up. It was never about reducing inflation. The American people were lied to. It was an inflation Expansion act, not reduction. But onto our witnesses. Dr. McBride, do you know how much CBO or originally said how much the Inflation Reduction act would cost in renewable subsidies? Yes. (01:08–01:14)
CLAIM
Asserts that the Inflation Reduction Act was misleadingly named and expands inflation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
