‘It may take a year or more’ for budget bill to reduce inflation: Sen. Coons | ABC News

George Stephanopoulos interviews Sen. Chris Coons, D-Del., on “This Week.”

#ABCNews #ThisWeek #ChrisCoon #Inflation

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49 thoughts on “‘It may take a year or more’ for budget bill to reduce inflation: Sen. Coons | ABC News

  1. Last two fiscal years FedGov spent $20 Trillion. FedGov collected ~ $8 Trillion. FedGov also injected $4 Trillion into the money supply. That's what we are up against. Tidbit: 80% of FedGov spending goes to Social Services, 10% to Defense of the Nation.

  2. "A year or more …." That is 100 times slower than time needed for targeted entrepreneurs to figure out how to avoid the new taxes. Yeah, …. About 3.65 days.

  3. Inflation reduction..🤣🤣.600b in freshly printed debt give aways to companies..This bill will raise inflation ,They seem to be not talking about the gas taxes in the bill?.the left is bent on killing the dollar..

  4. Has anyone ever been crazy enough to raise taxes during a recession 40 year high inflation and record oil prices????? There’s a reason no one has

  5. to stop inflation ; dont allow loans or bailouts to those who earn more than a million dollars a year. keep loan and interest rates low. outlaw banks making profit. banks should only be holding money safe for the people, not profiteering . loans to the rich and military, bankster profiteering, and high interest rates, create inflation and destroys the middle class. outlaw bank profits, and end loans to the rich and military to stop inflation.

  6. Let the 80,000 new IRS start investigating the Biden criminal organization and all the other corrupted politicians. These new green deal is another fraud on the taxpayer, more money for Chinese industry, they make the panels, windows and windmills, they kickback them millions in dark money, meanwhile we foot the fking bills. Fleece the struggling American workers some more Aholes, Charlie’s Grandchildren will be living a nightmare thanks to him. This won’t help anyone, it will destroy us, how about adding 80,000 BP agents to stop the flood of Fentanyl coming in and wiping out entire communities. America is under attack from Chinese biological, Chemical weapons and germ weapons, and they rewards them? Stuuuppiiiiddd isn’t even an understate. Climate change cannot be stopped people we are in a closer orbit to the sun and spinning 800/1000 mph slower than normal, they don’t want you to know this. This entire Government is dysfunctional and Joe mansion is a huge letdown sellout.

  7. So sick of DC lying to us. Vote every democrat senator out of office. Genius more waist full spending in a recession this is what got us into inflation. Life was easier under TRUMP

  8. Sanders is putting the true bill in those amendments that should voted into the law.understand presenting accomplishments but the democrats are using old saber rattling tactics that republicans have nuisanced but are purely inappropriate as well when coming to putting forth the proper effort to save our planet from climate hell spoken of crypticly in the Bible.

  9. Amazing how our country was run by a businessman and how quickly a career politician has destroyed it

    The Democrats voted to steal more of our taxpayer dollars and they stayed up late this weekend to get it done. You know when they go through these extremes and long hours to push through bad legislation that it’s only to financially benefit themselves and nobody else. They think nobody is watching their corrupt ways just because it’s the weekend. Inflation will take a huge jump now and it may be enough to bankrupt many families.

  10. Chris Coons didn't support Bernie's amendments because he is corporate owned just like the majority of his fellow Senators on both sides. It wasn't a waste of time for Bernie to do it because we all see you now, we see who you actually represent.

  11. to stop inflation ; dont allow loans or bailouts to those who earn more than a million dollars a year. keep loan and interest rates low. outlaw banks making profit. banks should only be holding money safe for the people, not profiteering . loans to the rich and military, bankster profiteering, and high interest rates, create inflation and destroys the middle class. outlaw bank profits, and end loans to the rich and military to stop inflation.

  12. Wow,these wierdos are celebrating something that helps with their investments in clean energy,and they literally call this bs legislation "the inflation reduction act, because of their arrogance in tricking the American people,Like the Great President Bush said,"Fool me once,shame on you,fool me twice,I can't get fooled again"

  13. The economy has only been open since mid 2021 or June. The economy is not adding 'new jobs' it's adding the old jobs that were eliminated due to Covid closures. These jobs still pay minimum wage or a non livable wage (under $22 an hour). The reason why the unemployment number is so low is because people have left the workforce: went back to school, retired, or are collecting social security. Some are choosing to open up their own business and some are choosing not to work all together due to low wages and high prices. The more inflation increases the more people will leave the workforce. Thus, creating open job opportunities. Same thing happened in: Greece, Zimbabwe, and Venezuela. Lots of businesses will close in the future as they are not going to be able to afford the higher wages for employee retention.

  14. ALL LIES, JUST MORE TAXES, TAXES, TAXES. PHONY BILL IS JUST SPENDING FOR DEMS FRIENDS.
    CLIMATE CHANGE IS JUST A NAME FOR TAX THE IDIOTS AGAIN. GEORGEY IGNORED ELECTION FRAUD LIKE A GOOD LITTLE MINION FOR MAGGOT MOUTHS OF DNC.

  15. Unemployment is low I'd like to know how many people have two jobs now to fight inflation and how many retired citizens are going back to work after retirement Notice all this stuff happened when Biden was out with covid like he "Joe" won the election from his basement Who is really running this country????

  16. Anyone who continues supporting the biden administration is either extremely ignorant or in denial. They have done nothing but cause self inflicted disasters one after another while blaming everyone else but themselves what a fucking joke.

  17. PRICE GAUGING DURING A SO-CALLED PANDEMIC

    SPRAYING CHEMICALS IN THE AIR IS CALLED CHEMICAL ENGINEERED WARFARE

    JUST LIKE IT IS A KNOWN SCIENTIFIC FACT THAT WHEN BREATHING IN YOUR OWN BODILY WASTE YOU ARE GIVING YOURSELF CO2 POISONING

    THESE DOCTORS SCIENTISTS EDUCATORS EXPERTS GOVERNMENT OFFICIALS AND WORLD LEADERS KNOW THIS AND THE FACT THAT THEY KNOW THIS IS A CRIME AGAINST HUMANITY

    MILLIONS OF HOMELESS HUNGRY HUMANS WORLDWIDE YET THESE WICKED GOVERNMENT OFFICIALS AND WORLD LEADERS HAVE AND ARE SPENDING TRILLIONS OF OUR TAX DOLLARS TOWARDS JETS CRACK PIPES WAR MACHINES AND WARFARE

    THESE MASS SHOOTINGS ARE STRATEGICALLY COORDINATED BY THESE GOVERNMENT OFFICIALS LAW ENFORCEMENT AGENCIES AND POLICE OFFICERS

    NATO OTAN IS A EUROPEAN ORGANIZATION WHY ARE ALL THESE EUROPEAN NATIONS COUNTRIES AND ORGANIZATIONS COMING TOGETHER WHAT ARE THESE WICKED MFZ PLANNING

    WHO CHANGED THE SEAL ON MARCH 16, 2020 ALL THIS FINGER POINTING YET ALL POLITRIICKS ARE INVOLVED

  18. Want to end inflation and lower gas prices? Simple… STOP ALLOWING BIDEN AND HIS ADMINISTRATION TO PRINT BILLIONS AND GIVE OUR TAX DOLLARS TO OTHER COUNTRIES
    For all the money they’ve stolen and given away or pocketed, hold them accountable and force them to pay it back to Americans out of THEIR OWN POCKETS Stop allowing these scum to be millionaires off our hard earned tax we work for, take it away from them and let them suffer being poor like they are doing to us.

    Use your constitutional right, stand up and tell the government NO MORE! That simple…

  19. Want to lower inflation? Stop allowing Biden and his administration to constantly print money and give it to other countries.
    Then, force all of them to give up the millions they’ve stolen from us from their bank accounts to pay back America.
    Stop allowing organizations like NASA to get 22 billion a year from our tax dollars and give it to the people.

  20. Lmfao Chicago Detroit Baltimore Philadelphia gonna pay more to heat their home come winter gotta love when taxes are raised 😂 imagine living in those shtholes and voting biden haha 😄

  21. Self interest is for the past; common interest is for the future. D.Attenborough.

    Native: Your kids can name more KPop groups than trees. – S.Sherman

    Manchin: "I haven't done anything that isn't for my state or my country". That includes polluting the state and country for personal profit.

    Trump: "The concept of global warming was created by and for the Chinese in order to make US manufacturing non-competitive".

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