BREAKING NEWS: Dozens of Dems join GOP to rein in Biden’s ‘far-left,’ inflationary executive orders
The House voted Wednesday to require President Biden to assess the inflationary effects of his executive orders.
Other Democrats insisted that massive spending bills like the $1.9 trillion American Rescue Plan and the $700+ billion Inflation Reduction Act helped to tame inflation, even though some economists have said those and other bills pumped up demand by flooding the country with more money in a way that drove inflation higher.
Republicans have vowed to control congressional spending now that they run the House and argued that Biden also needs to be put in check because he is too casually issuing orders that lead to higher prices for Americans. The GOP has cited two examples of Biden executive orders that have had inflationary effects – one that revoked the Keystone XL pipeline permit, and another in late 2021 that requires the government to move toward buying only electric-only vehicles over the next decade.
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