'TAX AND SPEND IS BACK': Varney blames GOP as Dems pass spending bill amid record inflation
FOX Business host Stuart Varney argues it will be a political disaster if the Democrats can turn their tax and spend program into electoral victory for the midterms.and Democrats' Inflation Reduction Act proposal, arguing "tax and spend is back" as the country enters a technical recession. Here's the story:
Wednesday, 17 Republicans said yes to a $280 billion "chip bill" that was supposed to support the computer industry but which is also a grab-bag of government spending.had been secretly negotiating an even bigger tax and spend plan. FOX Business' Stuart Varney discusses the Democrats' spending packages amid recession.
They now have to figure out how to beat back $850 billion-worth of new spending, and $300 billion worth of new taxes.
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