Kyle REACTS To Inflation Reduction Act PASSING The Senate | The Kyle Kulinski Show

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"The first time I ever really listened to Kyle Kulinski’s show was in the back of a cab last summer. The driver had his phone hooked up through the stereo and was pumping out an episode through the car speakers - loudly, as if looking to convert a captive audience.
“Do you like Kyle Kulinski?”
The driver, Ahmed, was a recent immigrant and apparently a die-hard fan of Secular Talk, the political talk show that Kulinski broadcasts on KZbin. I told him, yes, in fact. I do like Kulinski, had come across his show several years ago, and, all things considered, he seemed pretty good.
“He understands what we’re up against,” Ahmed said. “Like Bernie.”
But I was surprised to hear Kulinski’s name mentioned in the same breath as Bernie Sanders, particularly with such adoration. Because what I did remember about Kulinski’s show struck me as mostly capital-P “progressive” takes on the news - the left wing of the Netroots crowd more than the democratic socialism Sanders has popularized.
It’s an impression that wasn’t entirely incorrect.
“I have no time for philosophical, airy bullshit,” Kulinski tells me from his home in Westchester, New York. “I don’t want to hear about Lenin. I don’t want to hear about Marx. I just want a super plainspoken, straightforward agenda with a straightforward way of selling it.”
With over 800,000 subscribers and nearly 670 million total views on KZbin, selling a progressive agenda is clearly something Kulinski knows how to do - even Democracy Now, the long-standing flagship of progressive media, cannot match his reach on the platform. Chapo Trap House can certainly boast a wildly devoted fan base (and a not insignificant degree of media influence), but their audience is roughly half the size of Kulinski’s.
While Secular Talk might be more likely to be looped in with the progressive networks around Air America and Pacifica alums like Sam Seder than the more resolutely socialist world, Kulinski’s fiery rhetoric, razor-sharp class instincts, and knack for withering takedowns sets him apart from his peers. Judging by his rhetoric alone, he’s closer to a Eugene Debs than a Chris Hayes.
But unlike Hayes, Amy Goodman, or his friend Cenk Uygur of The Young Turks - who began airing Secular Talk on his web network seven years ago - the thirty-two-year-old Kulinski is virtually invisible in the mainstream media. Despite his enormous fan base, his show has never once been mentioned in the obligatory trend pieces on “the Millennial Left” pumped out by the prestige media. Nor has Kulinski’s name ever popped up at all in the New York Times, Vox, the New Yorker, New York Magazine, or the Washington Post, despite his leading role in cofounding Justice Democrats, the organization widely credited with sweeping Alexandria Ocasio-Cortez and the rest of “the Squad” to power.
Just last week, his Wikipedia page was deleted. The reason? “There is very simply no [reliable source] coverage of this person,” according to one moderator. In new media, he’s king - the Sean Hannity of the Berniecrat left. In old media, he’s nobody.
I suspect there are a few reasons for that. There is nothing “cool” about Kulinski’s show. (As a friend put it, “‘Welcome to Secular Talk’ sounds like something you’d hear on Egyptian radio.”) His no-nonsense social-democratic politics won’t get him much cred with the Full Communism crowd. He records his show not in Brooklyn or Los Angeles, but in a studio he built himself in his modest Westchester home. His hair is too groomed and his taste in clothes too preppy to qualify as “Dirtbag Left.” Nor has he ever attended an n+1 release party. “Not only have I not attended one,” he says, “I have no idea what that means.”
And yet he’s astonishingly plugged-in for a young man in the suburbs. Wondering how Sanders ended up on the Joe Rogan Experience? Kulinski, a frequent guest on Rogan’s wildly popular show, introduced them. “You make the most sense to me,” Rogan told Kulinski on a recent episode. “You’re a normal person.”
Much like Sanders himself, Kulinski’s show has a massive audience that just doesn’t compute with our media’s understanding of “what the kids want” or even “what the left-wing kids want.”
It’s probably for the best - the very woke and very WASP-ish decorum haunting much of the media world is nowhere to be found in Secular Talk. “Corporate Democrats over-focus on identity as a trick to divert you from the issues that unite us all - class issues,” he said on a recent episode. “That Raytheon decided they don’t hate gays or trans people - frankly, I don’t really give a shit what their take on that is..."
Read More Here!:
jacobinmag.com/2020/03/kyle-k...
#KyleKulinski #SecularTalk

[@Kcolon23]

Im a policy researcher & just wanted to give some additional context re: the CO2 reductions. The estimate people are referring to is a 31-44% range of CO2 reductions from 2005 levels by 2030 under the IRA, produced by the Rhodium Group. The same group estimates current policy as is gets us to 24-35% by 2030, implying the IRA adds 7-9 percentage-points to our current trajectory, which notably still falls short of our 2030 Paris Climate Accords goal of 50-52% reduction from 2005 levels. All that being said, it’s progress, to be sure. But the promotion of “40% reduction” is a bit misleading without additional context.

[@austinsmith538]

True. the best case scenario of 44% it does put executive action, states, local areas, everyone else within range of reaching 50-52%. The depressing thing is that, it's this bill or nothing. Dems need all three houses to get anything done on climate change and they probably aren't going to have that again until we pass that horrible tipping point on climate.

[@freedomfighter4990]

Will a 40% reduction by 2030 be enough to keep us from trashing?

[@wheatandtares9764]

"progress". Meanwhile China will still have higher and higher emissions for the next years to come, so will India and Africa and the rest of Asia as they all have been going over 100% emission increases in the past 20 years. Meanwhile you will be poorer and own nothing. But you will be happy. Like in germany. Paying 7 $ per Gallon. Paying 40c per kwh. Soon paying thousands of euros each and every year for gas. But its all for a progressive cause guys and for the working class! LOL.

[@michaelhomes8049]

Couldn't figure it out but i had a stong feeling that you cant just reduce emissions by 40% without a trillion in spending or a change in the culture of the consumer.

[@jprec5174]

And watch by 2030 when the results come in that the reductions in carbon emissions were insignificant because china, india, europe etc all went bully on coal again. No rational person gives a shit about how one nation decides to manufacture math to make themselves look better than they are.

[@Riverfox2012]

Every time you do the "so the sun was in my eyes and me and Craig and them was down by the Safeway and we didn't understand what everybody was doin' ..." spiel, you lift me out of a doom and gloom for about two minutes while I literally bark out laughter. Thank You. It's much needed.

[@et734]

This greatly explains the scratch that Kyle just itched for me so thanks :)

[@lazylazymule]

I agree! I was waiting for that and smiling before he even said it because I knew it was coming. It's become one of his trademarks.

[@punkinmyvitamins1]

It’s his version of a Chappelle joke.

[@EhDewd]

New fone who dis? 😆

[@wfyfwfyf]

You know... Every time him and Craig go to the Safeway something bad happens. STOP GOING TO THE SAFEWAY WITH CRAIG!!!

[@Salsuero]

Well... the real question is... does the bad thing happen because they go to Safeway... or do they go to Safeway because it happens!

[@jeffbrown-hill7739]

Craig's a bad influence, man

[@knection1986]

@@Salsuero Schrodinger's Safeway

[@ekrenz5268]

Ossolf and Warnock earned their re elections.

[@freedomfighter4990]

Isn't Warnock running against Herschel Walker? I cant' wait to see THAT debate!

[@johnhurley8918]

They're in really delicate positions, so they have to be on their best behavior.

[@Alex-fx5es]

hopefully

[@Ixnatifual]

Walker is going to dodge all debates.

[@nelsonhamilton8262]

Ossoff isn’t up for re-election until 2026 thankfully. It’s Warnock who needs all the support/energy to beat ‘barely there anymore’ Herschel Walker.

[@rebelliussviktoriuss71]

Historic in the U.S.. Standard in actual developed countries.. I feel sorry for people growing up in such a backward society.

[@electrified0]

I feel worse for the people who will be the most disproportionately impacted by every compromise made on the bill - the global south. Politicians living lavish lifestyles paid for by blood money that'll directly fund the annihilation of millions of innocents.

[@esotere]

Please check on your American friends. We are not okay

[@mikertist347]

Well it's not Norway, but I'll take "Nor1/3 of the Way". Great video Kyle! Thanks!

[@JohnSmith-nj9qo]

What's sad is this is probably the most helpful piece of legislation Congress has passed since LBJ's war on poverty back in the 1960's.

[@Jordothecat98]

You barely ever see trumpists on Kyle videos yet there seems to be dozens of them on this video. Clearly a coordinated effort

[@lilben4184]

Yes, I am in fact a Russian agent 🤓😂

[@parkertufts5251]

It's probably the Democrats trying to make the right look crazy. They have literally invested millions of dollars into that strategy this election cycle.

[@markzuckergecko621]

You caught us, the Kremlin sent out the email this morning. Damn these progressives, they're too smart to fall for our trickery.

[@parkertufts5251]

The more I read, the more I think it's a bunch of Democrats pretending.

[@HaiRune]

Lmao nah bruh they just like to comment on leftist videos without watching them. Most times when they’re here they argue points that get debunked in the same video they’re commenting on

[@andydotyhere303]

I absolutely love your blind enthusiasm reading the PREDICTIONS FROM THE GOVERNMENT and assuming they will be anything close to true.

[@myllamaMan]

what are you talking about

[@tristen7605]

Honestly, if we were operating with a government that wasn't a Corporatocracy, this Act would be complete shit, but since we are, it's going to get passing grades.

[@nfzeta128]

The passing grade for policies in the US is 10-20 points lower and still barely enough of a handicap.

[@yameshraberts3652]

cant wait to get AUDITED!!!!!!! IRS go brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr....

[@michaelhomes8049]

Just pay your taxes youll be fine

[@jasonruggles4622]

Why do we still run our system the way we did when we had horse and buggees and the poney express? its like we pretend we dont have the internet and pretend we cant make decisions instantly and its like they still want to pretend it takes 9 months for a letter to get 3 miles down the road.

[@jabrokneetoeknee6448]

Because Republicans believe computers are woke Venezuelan communist machines and we should all go back to voting with clay shards

[@krudmuphinstudioz]

It doesn't help that all of our politicians were alive when horse & buggies were commonplace

[@steventatlock5443]

Remember when that man suffering from mental illness called the police on himself a couple blocks from a SC judge's house? And how it took less than a week for a vote to be brought up for increased security spending for government officials? PrIoRiTiEs

[@gaymer2347]

Here for the Dickey Mageezaks!

[@davideanes3425]

and his "bBbbBbBB [fart noise]" sounds immediately following

[@nbaldo003]

Take a shot for ever dickey mageezaks and bBbBbBb noise lol

[@jts1968]

Increasing subsidies does not limit the cost of healthcare. It just takes public funds to pay for private healthcare which basically enriches insurance companies. It's all smoke and mirrors.

[@richardreese8038]

Why can’t Kyle see that? Because he’s a paid shill

[@robertjenkins6132]

Also, the enhanced subsidies (which had previously been enacted a couple of years ago with an expiration date set a couple of years into the future) were merely extended for a few years. It's not permanent. The Democrats do nothing permanently. We wanted M4A or at least a public option; we get *temporary* enhanced subsidies. They make everything temporary so as to hold us hostage so that we vote for the lesser evil - for the right-wing-but-slightly-left-of-Republicans party, i.e., the Democrats.

[@fellinuxvi3541]

It is however, what most people want. When polled, they overwhelmingly support an expansion of the public option of healthcare coverage, which is not as good as M4A. That being said, it's very harsh to call this "smoke and mirrors" when it will actually help people.

[@spunkinater]

@@fellinuxvi3541 By 2026...........Meanwhile, people are struggling to put food on the table because of government spending. Yay!

[@fellinuxvi3541]

@@spunkinater No, it directly cheapens the cost of healthcare, which is among the leading, if not the number one cause of bankruptcy in the U.S. government spending is not the enemy.

[@dkamhaji]

Having Bernie as a president, would have been a really interesting exercise and reality check for the Democratic Party. Very visually Exposing where they stand in policy and who they are trying to help.

[@Zombub]

It also would've set a precedent, American citizens and the economy would have most likely flourished, and it would affect the party Trump style, as in every democrat would try to follow in Bernie's footsteps and carried on his policies and opinions just like Republicans did with Trump

[@kai-dt5hh]

​@@Zombubwe could've had a more progressive Democratic Party if it wasn't for Jimmy Carter and Bill Clinton

[@theax40]

Reduces inflation just like the Patriot Act is about patriotism.

[@slime8177]

Might not reduce inflation but it taxes corporations and the rich more, provides 700B in funding for climate and allows Medicare to negotiate drug prices.

[@theax40]

@@slime8177 Then why call it the "Reduce Inflation Act"? Spending 700 billion is just going to make inflation worse. And here you are simping for it.

[@dreimann]

Should've been called the Inflation Production Act. Maybe it won't be too bad, but I'm not going to hold my breath.

[@slime8177]

@@dreimann it literally pays for itself through new taxes on corporations and wealthy stockholders

[@dreimann]

@@slime8177 - kinda like how the IRS wanted to hunt down billionaires by tracking accounts with as little as $600 in them?

[@FleurPillager]

You know what would fix prescription drug prices? Allow Americans to buy medication from overseas. It's called Capitalism. Competition is good for consumers because it forces companies to compete for our business.

[@markzuckergecko621]

Hey man, this is a progressive channel. We're supposed to all hate capitalism, without being able to really articulate why, and every time we try, we actually express grievances towards government regulations and call it capitalism. Didn't you get the email?

[@MichelleHell]

@@markzuckergecko621 Full competition IS socialism. At full competition everyone races to the bottom, which takes away from profits. At an individual level, full competition means equality of wealth. Nobody really wants full competition, they want to get rich. Capitalism itself is a rent based system, where rent is defined by profit divided by number of employees. Competition is simply competition. The state can be used to create a competitor with no profits, for example. That would be in-line with classical economists thinking about democracy and economics. The state was created by capitalists who overthrew the monarchy in place of democracy, with the goal of regulation to prevent monopoly aka maintain competition. Capitalism is the business structure. Trade is trade. Socialism simply takes the classical economists thinking about the state and regulations, and says to let the workers themselves be owners. When the workers are owners, they don't pay rent to the business. They also get more decision making powers. So, capitalism only sucks if you don't want to pay rent to a corporation. Profit is also measure of competition, where no profit is full competition. At full competition, even if the business was a capitalist business, the workers wouldn't pay rent because the competition eliminates it. Socialism isn't devoid of economics. It uses classical economics, with a different ownership structure. Capitalism vs Socialism is first and foremost about ownership and decision making. Exchange of goods and competition is not capitalism from a Marxist point of view, it's just classical economics. Under capitalism we have unions, under Marxism we would/should have ownership. Now, do I have hate in my heart? No, I see the world differently than you and understand capitalism to be defined by the clashing of interests between workers (renters) and owners.

[@jabrokneetoeknee6448]

Overseas? Where every other developed country has implemented price controls on some or all of their medications? But I thought affordable insulin is “WOKE.”

[@markzuckergecko621]

@@MichelleHell that's complete horse shit, capitalism doesn't just simply divide profits at random, if you provide a better product or service, you make more money, because people are willing to pay more money for it. Why the hell do you think cheaper, generic brands exist? Why do you think people working the same jobs make different salaries? Because quality is a thing that exists, no matter what mental gymnastics you have to use to convince yourself otherwise.

[@knection1986]

@@markzuckergecko621 progressives don't hate capitalism my guy...but I'm not progressive 😂😈⚒

[@frostbite3820]

This is a bit off topic but Ossoff has been pleasantly surprising and has exceeded my expectations based off of how he ran his campaign. Granted that bar was rock bottom but still.

[@Alex-fx5es]

Yeah, him and Warnock have been solid down in Georgia

[@electrified0]

Yep my expectation as an outsider was that they'd be corporate holdouts like red state Democrats often are, yet they've consistently been on the right side of more issues than anyone but Bernie himself.

[@nfzeta128]

@@electrified0 Well they still voted no on all the other proposals Bernie put out. It's only that one with the expansion of medicare that they voted with Bernie.

[@wil9089]

So have I! Warnock also proposed ending insider trading

[@frostbite3820]

@@nfzeta128 still more than every other Democrat

[@z-bird9548]

Here’s how we fix inflation…. 1. 115% windfall tax. If you want to raise your prices without cause you gotta pay more 2. Jail time for CEOs causing artificial inflation 3. Incentives to raise wages and lower prices

[@holden6104]

Or you could stop printing ungodly amounts of money.

[@MiniatureMashUp]

@@holden6104 3 trillion printed in 1 day under Trump.

[@nfzeta128]

@@holden6104 That would help if they hadn't already f'ed the economy so hard by relying on it. You do that right now and the whole thing crashes super hard.

[@jordantro4608]

This is horrible for the average American

[@fastesteddiealive]

Kyles boy Bernie did his usual. Said it’s a bad bill then voted for it. Nothings changed except it’s got worse. So don’t forget to vote blue.

[@slamrobot6584]

Where's Warren on all this....oh yeah.

[@Richard.Atkinson]

🐍

[@mariusfacktor3597]

Kyle, giving tax rebates for Electric Vehicles is not good. This is a giveaway to the rich and car manufacturers. To actually help the climate, we need to curtail suburbanization so that FEWER people NEED to drive. Trains are good for the environment and equitable. Even better than trains is simply good land use. Allowing people to live close to each other and businesses is GOOD for the environment and that costs the tax payers $0. We just have to END exclusionary zoning -- a racist and classist invention to segregate US cities by race and class.

[@MsZephyra]

*fewer people... and agreed!! 💯

[@nfzeta128]

knowing businesses it may not even help the individual as much as manufacturers may just up their prices by about 4-6k knowing people will think they're getting a deal.

[@mariusfacktor3597]

@@nfzeta128 You're totally right. Also, where's the rebate for people who take the bus? They are causing far less harm on the environment than people who drive EVs and some of them are far poorer than people who can afford to buy EVs. This rebate is REGRESSIVE and neoliberal, and Kyle should be calling this out instead of praising it.

[@fellinuxvi3541]

The answer is simple: for parts of the US that are already reliant on cars, EVs are the only solution. They are miles better than regular cars, and in places where there isn't adequate public infrastructure, it'll have to do in the absence of good transport.

[@mariusfacktor3597]

@@fellinuxvi3541 Are EVs better than gas cars? Yes. But it's still incredibly unsustainable. Particulates released from tires are over 1000X more than particulates released from tailpipes. Also the highways and roads that we build for cars take an incredible amount of natural resources and energy to create. Suburbia also keeps sprawling which converts more and more forests and grasslands into strip malls and freeways. Not to mention, suburbia is inherently exclusionary because poor people can't afford a large house with a car. We should not keep propping up suburbia by subsidizing it. Suburbia is a failed experiment. These places are unsustainable financially (see thousands of US cities going bankrupt), and they are unsustainable ecologically. Giving car rebates is not a step forward, it's a step backwards.

[@JP-xg6bv]

Darth Cheney is his official new name

[@tommystix87]

I've been calling him that for years. Sounds fitting doesn't it?

[@kitsiewr]

Anything they pass, guarantee tons of pork for corporations.

[@SilverSlayer23]

Bernie, Warnock, and Ossoff are safe. Get rid of the rest.

[@Kiljaedenas]

With extreme prejudice.

[@SgtM37slayer]

Kinda pointless to give subsidies to homeowners when no one can afford a home.. all these subsidies do is help corporations and the already upper middle class.

[@patricsteele]

When has a bill's provisions that negatively affects big corps and the 1%'s profits ever not been weakened every step of the way ? We know that's the minimum that's going to happen as it's the built in strategy of neoliberalism. Having a wait and see expectation is illogical, unrealistic and distorts the truth of what we're going to get out of paid off politician's leading to a conflated belief by the general public voter to still thinking it's worth voting for them .

[@haleybrown2836]

Congress = The Academy of Political Acting. Forgone conclusion: Items benefiting business would remain, items benefiting the 99% would be whittled down.

[@spunkinater]

Problem is simple economics: Big businesses will see higher taxes and will move their businesses out of the country, poor people will foot not only the taxes, but the higher inflation created by the printing of money from this bill ontop of what we already are dealing with. Say what you will about Trump, but at least he was more aggressive at keeping business in America. I guarantee most businesses will flock to China, who's economy is crashing so hard they may just easily and cheaply accept anyone.

[@haleybrown2836]

@@spunkinater It is not true that our corporations are taxed at a higher rate than overseas, many don't even pay any taxes at all. Furthermore, it is the job of governments to deincentavize businesses moving overseas which our government has not done.Thirdly, inflation has nothing to do with businesses moving overseas but all to do with how much businesses can squeeze from consumers before they quit buying their products. Re: The tariffs Trump put on imports didn't hurt oversea businesses but were passed onto you the consumer, increase in prices = inflation.

[@spunkinater]

@@haleybrown2836 never said inflation was a result of taxes on corporations, just another reason why we need to separate our bills. Inflation is because government prints money, devaluing the currency. It is not the only factor, but when you print this much, it's a slap on the face. Corporations are like people and anything else in nature: they seek the path of least resistance. I moved out of New jersey because of high taxes. I moved to north Carolina. There is a reason Miami and Tampa are the two most moved to areas of the country. Look at California. Taxes are high and business is not as easy to do. Why pay high taxes when you can pay less taxes? Sounds reasonable to me. If I had a big business, I would relocate too for cheaper cost of operations. It's why lots of businesses are leaving California, and why a ton of manufacturing has moved to Mexico and places like China. Not saying it's right, just that raising taxes on the rich during this time is not incentivizing them hanging around especially when the party has a motto to go after big business. Don't expect them to play nice. Ironically the real solution to big business is small business, but the wealth transfer over the past few years, mainly from lockdown happy dem states, have made it incredibly difficult to be a small business owner.

[@Richard.Atkinson]

This increases my chances of voting for Democrats this November from 0% to 0%.

[@irishlady30]

But republicans are worse, they want to take everything away...

[@Music-vr7sz]

Proving you're a tribalist

[@WorldsGreatestRingAnnouncer]

Good News everyone, we have tens of thousands more IRS agents to audit the poor I mean the rich. We clearly have no intention to audit poor people

[@amosjsoma]

The Parliamentarian of the United States Senate is the official advisor and has no authority to demand anything. The Senate is free to ignore the advice.

[@lucassende211]

Overall..what is in the bill is good. However, the items not included would have made it a lot better and it is disappointing they were stripped

[@Chevalier1632]

Yes yes, continue to empower the federal government and expand the Fed, while also calling yourselves the resistance and the party of the people. Absolutely absurd logic there.

[@XboxVideoGamer1]

Exactly how I feel

[@nylerv1949]

@@Chevalier1632 well in these cases the government would be doing beneficial actions FOR the people. Can you please explain what would be awful about the government lowering prescription drug prices so that more people can afford them? Or what’s so tyrannical of the government doing something about climate change crisis? Hm??

[@bb_arcadia5752]

@@Chevalier1632 okay and without federal authority you definitely arent gonna have a uniform response to get anything done at all reform the government not get rid of it like you idiots suggest

[@Chevalier1632]

@@nylerv1949 Well in these cases the government is literally holding beneficial changes hostage so you're forced to accept them increasing the IRS by 87,000 agents and giving them the authority to monitor ANY bank account holding more than $600. All whole pulling the wool over the sheep's eyes and convincing you that they're trying to help you. So, I ask you. What's NOT tyrannical about that?

[@trinsit]

"To negotiate the prices of certain drugs each year." Meaning every year, we get discounts on certain drugs. Then the following year, those discounts go away and we get discounts on something else.

[@adrianl7604]

It's worse, it's 10 drugs in several years and 20 several years after. No actual figures on required commitments from the industry for their price lowering. Negotiating via Medicare instead of Biden using his executive power to set drug price caps directly should tell you that the drug provisions are nothing more than inconsequential cosmetics.

[@Music-vr7sz]

No, the prices set remain until renegotiated. Think drug formularies.

[@robertjenkins6132]

Yeah, @@Music-vr7sz is correct. But at the start (I think in 2026), they can only negotiate a whopping TEN prescription drug prices (and certain new drugs are excluded). Wow, 10 drugs. That's so many (sarcasm). Also, I think the legislation doesn't take effect until several years from now, by which time Republicans will have probably taken control of the federal government and repealed the legislation lol 😂

[@zerohero8756]

I believe they are not set to take effect until 2026. Dont look for savings quite yet.

[@trinsit]

@@zerohero8756 🤣 damn. And we get stiffed again.

[@FXDLS-ot1wq]

Can anyone tell me what part of the inflation reduction bill is supposed to reduce inflation, and how it does that?

[@fkujakedmyname]

nothing. doesnt even have 90% tax rates on corporations like Eisenhower had

[@FXDLS-ot1wq]

@@fkujakedmyname yeah! That would definitely help small businesses.

[@user-bk7ci7zr4d]

I started watching this thinking "do I go for a mortgage now? If they are gonna reduce inflation I should wait for lower rates." Halfway through Kyle is still talking about BBB and health care and now I'm like "so, you say you've got a 5% rate for me today? Tell me more"

[@FXDLS-ot1wq]

@@user-bk7ci7zr4d it’s the same bait and switch they always make. They make a bill called the “let’s help homeless people bill” and the 2% of the bill helps the homeless and the other 98% becomes a slush fund for their pet projects. It’s all bullshit.

[@fkujakedmyname]

@@FXDLS-ot1wq only way to lower your taxes is to raise them on trump and his swamp creatures tax breaks for the deep state always mean higher taxes for you and small businesses

[@user-bk7ci7zr4d]

How tf does any of this help with inflation? Spoiler: "something, something, reducing prices" isn't an answer. Swing, and a miss!

[@nfzeta128]

Thing about it is that most of the measures that are good are so delayed inflation would fix itself before they come into effect. So the only way I think is that this giveaway is an agreed upon bribe to oil and gas industry folks to finally stop price gouging and let things even out.

[@spunkinater]

There is a reason no Republican voted for this bill. It is bloated, but worse of all, it will worsen inflation. Printing more money doesn't reduce inflation. It increases it. On top of that, corporations are not stationary entities or planks of wood. You tax them higher, they will move their business overseas, and Americans will foot the bill. Probably why they needed to fund 80 billion dollars to the IRS--to fleece the middle class. Bear in mind that the IRS operates off of an annual budget of 13.7 billion. I also predict that inflation will suddenly be a problem after the blood bath for the Dems this midterm, and Republicans will suddenly be to blame.

[@iopunderstealth]

5:48, I didn't know Lincoln Chafee was gonna make an appearance...

[@TYTARMY]

I always love "Kreg and me down by the Safeway..."

[@drbanemortem4155]

For the Algorithm !

[@eetdarichmarx7423]

Garbage bill from garbage politicians

[@shanemb3]

The federal reserve controls monetary policy. So how does this, or any, senate legislation impact what the federal reserve does?

[@billyj3842]

Kyle the goat!

[@Music-vr7sz]

Sinema and the parliamentarian both stripped things out.

[@blurtam188]

So the democrats voted against themselves yet again!!

[@Music-vr7sz]

@@blurtam188 You realize the "Democrats" are a collection of individuals right?

[@thevarietypacksnaxx405]

and let me guess, the genius and totally not sponge-brained americans will repay these career criminals by guaranteeing their seats next year

[@johnmodarres6034]

If we had 2 more senators this bill would be so much better. Remember that when you vote in November

[@Chesside]

Blue blue 💙

[@Ar1AnX1x]

@Chris”SackNation”Jones this never made sense to me before but now that Conservatives are going full fascist and inviting the fascist leader of hungary to speak at CPAC and clapping at his Nazi speech, you have no choice but to vote Blue unless you want a Nazi United States, the Conservatives have lost their minds.

[@Chevalier1632]

Yes we'd probably have even more funding sent to expanding the fed and adding thousands more IRS agents...

[@dvdv8197]

Bruhssss

[@kingyellowman5762]

If we had 2 more senators we would have 2 more come out against those provisions as well

[@commycomentor9695]

Why the F are they spending MORE MONEY???

[@ownthelibs]

Cause they’re democrats. That’s the literal point of them existing

[@jeffbrown-hill7739]

"Me & Craig Down At the Safeway", starring Kyle "Big Seltzer" Kulinski.

[@tomallen5837]

I live in California and I measure narcissism on a daily basis. I find politicians to be very much like the narcissists who are in politics as well as those who vote on party lines. Yes I find them to have strikingly similar traits to narcissists, by large. Love you Bernie. You know they'd never support you when it's time to vote.

[@thehumanity0]

Hard to believe Sinema wanted any increased tax on stock buybacks. If I had to make a wild guess, I'd say her rich friend offhandedly told her at a cocktail party that her waitress daughter living on minimum wage couldn't get baby formula for her infant recently, a crisis that was caused by corporations doing stock buybacks and cutting manufacturing costs.

[@MedievalWerewolf]

They called it the inflation reduction act so that they could turn around and say "oh well golly gee we tried legislation to fix inflation. Now I guess we have to lower wages."

[@holden6104]

Or they could do something about the border and watch wages rise naturally. But that would be racist.

[@BladeValant546]

@@holden6104 The border is fine....I know folks who work down there it is because we don't build more ellis island facilities. But that would be socialist.

[@nfzeta128]

@@holden6104 lol talk about fantasy land with some bigotry dressing. All that would happen is growth would slow and unemployment would raise as businesses switch to more automation.

[@maccon1]

It’s always the opposite of what they call the bill…..always

[@ross4]

"Under the bill, the Interior Department would be required to offer up at least two million acres of federal land and 6o million acres of offshore acreage to oil and gas producers every year for the next decade. If they fall short, they wouldn't be able to advance some permitting aspects of the wind and solar projects on federal land."

[@nfzeta128]

I mean does that land even need to be used for oil and gas? Because when I heard it it seemed like those businesses just wanted to slowly own the country, maybe build a few suburban towns to RENT out to people.

[@ross4]

@@nfzeta128 Yes well either way, I’m sure it won’t be used for anything good.

[@LostInTheMovies]

Actually, I think they may have been correct about premiums around $10. Many have dropped from close to $100/month to single digits thanks to pandemic subsidies.

[@robertjenkins6132]

If you buy health insurance from healthcare dot gov, then what you in pay in premiums and cost sharing is heavily dependent on your income and where you live and which insurance plan you pick. If your income drops, you can report it and get lower premiums. If you get health insurance from your employer, then I think you're at the mercy of your employer (but I wouldn't know).

[@LostInTheMovies]

@@robertjenkins6132 I meant in terms of marketplace plans (ie subsidized on the exchange), just to clarify.

[@GarrettJimmy]

5:44 I look forward to this every time.

[@tobinstrike910]

The senate parliamentarian has a name; Elizabeth MacDonough. Use it.

[@billyakin3301]

You didn't go into the specifics of the Oil Companies give away.

[@mutecryptid]

We need to be able to vote directly on policies that affect us and not them. I’m sick of this, if we could vote directly none of this back and forth and 1 person able to block a whole bill nonsense wouldnt happen. I don’t understand why it’s not being changed to direct vote immediately, I’m sick of these small “fixes” that are just confidence boosts for the government and help only a fraction of people who need help, and none of this slow ass government “i agree with this, but I’m not voting” bs

[@EM_vi_ix]

Bernie should have voted against this oil and gas drilling bill.

[@kylequest]

Josh Gottheimer already put on Twitter that he's voting "Yes" on this. So, it looks to be a Go!

[@DeusEx.Machina]

If you can’t take it all, don’t leave it all. This is so much better than nothing, just keep pushing for more and you will get more. Now the line shifts from ADDING A TAX ON STOCK BUYBACKS, to mildly increasing a tax on stock buybacks.

[@infinitedonuts]

For the algorithm!

[@FishOfTheSea]

Apparently Gottheimer said it should pass the house. We'll see what happens tho

[@craigbrowning9448]

They need to do Nasty Things that cannot be listed in a KZbin commentary to the Senate Parliamentarian!

[@matthewrider5906]

I thought they could've AT LEAST included a couple of yrs of a 'fully refundable' version of the existing TCJA $2000 CTC, & available as either a traditional end-of-yr lump sum, or as $150/month-per-child installments, for ages 1-17, w/an end-of-yr lump sum of the monthly installments+the $200 remainder of the $2000 CTC... Buncha bullshit.🙄

[@frisbeetarian34]

The American system baffles me. A nation that waffles on about the importance of democracy is run by two parties and the losing party can suffocate the country for an entire term.

[@montanus5661]

Nice.

[@TihetrisWeathersby]

In times like these we have to take what wins we can

[@BackwoodSpiritAnimal]

@King Charles ✔ I got a rock

[@TransLivesMatterMoreThanPOC]

"Win" 🤦‍♂️

[@DatNiggaTrump]

@@BackwoodSpiritAnimal I got a crack rock from Hunter

[@TihetrisWeathersby]

@@TransLivesMatterMoreThanPOC We have has several Legislative wins, Yes I said it right

[@TransLivesMatterMoreThanPOC]

@@TihetrisWeathersby Unless you're a corporate CEO then you didn't get any win

[@ares23x]

Didn't they give a crazy amount of money to the IRS in this bill too?

[@picolete]

87000 new agents for the IRS, a huge money waste, from now to forever

[@63saruman]

The Senate, where almost all the proposals go to die.

[@mathieuleader8601]

ha Senator Schumer looks like a yuppie with those red spectacles

[@eyeofthetiger6008]

I think while watered down that it actually is a much bigger step than people think

[@patchwurk6652]

Like what?

[@nfzeta128]

nah this isn't really a step, it's crumbs while accelerating big business interests. It's hollow appeasement so further action is delayed or prevented.

[@fellinuxvi3541]

@@nfzeta128 No. This is absolute nonsense. You think climate activists will be discouraged from advancing their points because we got more climate funding? It's great to be critical of dems, but when you read everything they do so uncharitable to the point where you cartoonishly overrate the problems of the bill and see no good in the actually good things that made it through, you lose the ability to make a point. In order to sustain this view of direct action and demoralization you have to completely ignore how human beings actually behave.

[@nfzeta128]

@@fellinuxvi3541 The 'casual' ones very much will and they represent more than you would think. Which would only change as things got worse and most likely will be too late by then

[@fellinuxvi3541]

@@nfzeta128 I'm not speaking from opinions, there are studies that show small victories empower activists. I'm not going to debate a position you have thrown up from pure feeling unless there is some evidence to back it up. If you are saying that NIMBYs will be satisfied, you're right, they don't have much fight in them, but for that same reason they would not have fought or waited for a better bill. A world where this bill didn't make it is a worse world, not a better one.

[@ramshousecentral5356]

Why doesn’t our government pay for replacing ac units with heat pumps, water gas heaters with electric water heaters, gas stoves and ovens with electric. We could save 106.2 million tons of co2 from entering our atmosphere (that doesn’t include water heaters, couldn’t find any concrete data on how much they emitting). And we could pay for it through a carbon tax, increasing corporate tax, and an federal sales tax, and cutting our defense budget by 25% would help make a dent in our emissions

[@anticorporatists9959]

My issue with tax credits on electric vehicles is when is the tax credits going to dry out even with the tax credits on electric cars driving these electric vehicles is more of a disadvantage in how much the vehicle itself is going to coast when the battery can't hold a charge or when the MPG drops and is not what is was that's the big problem

[@basedlibertarianz910]

The bill does not reduce inflation at all. If price inflation is caused by prices going up, spending money would not do anything. Maybe it could help those who receive that money, but from what I have heard, the middle class overall is gonna be hunted by the IRS.

[@robertjenkins6132]

Any type of spending - whether from the government sector or the private sector - could _in theory_ in the short term contribute to demand-pull inflation. Suppose a capitalist spends $1 billion to build a factory to make widgets. Those people who are building the factory will be inclined to spend a portion of the $1B, and those who receive this spending will in turn spend some of it - thus, _theoretically_ contributing to demand-pull inflation. However, if there is a shortage of widgets, it would FOOLISH to not go ahead and spend the $1B to build the widget factor. In the long term, this will mean more goods for money to chase and will help to ameliorate cost-push inflation (e.g., if the widgets are an input in other factories that produce some other type of output). What is true for the capitalist in the nongovernment sector is also true for the government sector: it would be foolish to not spend to increase productivity; it would be foolish to not invest, even if there is the _theoretical_ potential for short term inflationary pressure. One has to plan for the long term. Investment is anti-inflationary. As for this bill, it will help with energy costs in the long run. Energy costs are a major factor in cost-push inflation. Also, the planet overheating will cause shortages; shortages cause inflation. So that's not something that can be ignored.

[@Romans_Toupee]

More like the "Too Little, Too Late" Act

[@whatintarnationisgoingon]

So basically, we are FKD!!!

[@adayinforever]

It's almost like the Democrats saw that some important date was coming up and decided that it's time to do more than they've done for the past 2 years. Hmm I wonder what got them so motivated? 🤔 it's a mystery

[@Alex-fx5es]

maybe if they would have done it earlier they wouldn't have dug themselves such a big hole

[@EuroDragon71]

Does this mean FedEx, Amazon, etc. will now pay taxes?

[@XboxVideoGamer1]

HAHAHA

[@EuroDragon71]

@@XboxVideoGamer1 Dang!

[@robertjenkins6132]

Honestly, who cares. We want the *wealthy shareholders and CEOs* to pay taxes. Taxing the corporate entity is meaningless. You have to tax the people: wealthy shareholders and CEOs. Corporations are not people. If you tax a corporation instead of the wealthy people (capitalists), then it's difficult to predict the outcome. Higher prices for consumers? Lower paychecks for employees? Maybe it would hurt the capitalist. But maybe not. Difficult to predict. Better to target the tax toward the capitalists, instead of taxing the corporation, so that the desired outcome - namely, reduce wealth and income inequality - is achieved.

[@nfzeta128]

@@robertjenkins6132 Taxing the corporation itself would work if they didn't have so many loopholes with cooking books in corporations. Though rich individuals present a similar problem.

[@knection1986]

#abolishparliamentarians

[@qvirusmonkey]

Medicare expansion needs to happen, but insurance companies don't want it because it is the only thing that basic Medicare needs.

[@jaybeeaustria9706]

More inflation please.

[@derrosenkavalier8890]

8:43 - Sen. Mort Goldman (D-NY)

[@dragunov815]

What a surprise.

[@mak88119]

Inflation will skyrocket and they will tax everyone more

[@user-rx2ur5el9p]

Kyle reacts to inflation 🦀🦀

[@matthewst537]

I wonder if they can trim any more off build back better cut another 100 billion

[@blkai28]

He 's not going to talk about the ONLY 10 drugs on Medicare cost dropping starting in 2026 or ACRES of public land and water being up for sale to oil companies being in this bill?

[@defoedezign]

Kyle Kyle Kyle…there point in DC is to represent their constituents not their doners…at least that’s the intent of the constitution!

[@dannywindham3295]

If taxes fiund the federal government and taxes haven't gone up where is all this money coming from I wonder. Could it be that the United States federal government is the Creator and the issuer of the currency the US dollar the money. Article 1 Section 8 of The Constitution Congress has the power of the purse could it be. Professor Stephanie Kelton Bernie Sanders Chief economist learn mmt please

[@confederatetearsaredelicious]

This legislation is quite literally too little too late

[@danielbusker5853]

Manchin and Sinema still controlled the bill, limited the bill, and passed a bill still controlled by big oil.

[@Engineer_Heathen]

Kyle back down to 972k. Dang.

[@pagla120]

What happens when this bill doesn't pass the house?

[@lordlemond1350]

Capitol Hill is more like Silent Hill.. almost entirely full of ghouls, ghost, and goblins 🤦🏽‍♂️ “See what had happened was.. the way that my bank account is set up…”

[@alecperigo3102]

Did the Medicare out of pocket cap make it through?

[@ianakamrsilly123]

No thanks to Manchin

[@alecperigo3102]

@@ianakamrsilly123 That’s what I figured and it fucking blows. Just started on Medicare cuz I’ve been on disability with cancer.

[@aonoymousandy7467]

yay! 87k new IRS agents to tax the working poor! corporate welfare at its finest

[@balanzed5713]

Kyle afking his youtube career

[@tylerhackner9731]

Take the wins where we can and there ARE wins, but still acknowledge on a long term scale to address the myriad of problems we have this isn’t it

[@Sublime-]

Funny you can't see the 8 foot broomstick that just got shoved inside you 🤣🤣🤣

[@Sam-jx8tv]

Preach couldn't have said it better.

[@WorldsGreatestRingAnnouncer]

70K more IRS agents clearly are needed to tax the rich which make up 1.8M Americans. Yeah, more like those agents will be used to audit every IC making under 60K a year.

[@SilverSlayer23]

Imagine celebrating being brutally stabbed because the options were between being perfectly fine and being murdered outright. Or celebrating receiving a cup of water to handle putting out a house fire when your choices were letting it burn vs a fully funded, not predatory firefighting infrastructure(a bold socialist idea). History has shown time and time again that only taking wins where we can instead of fighting for the full solution leads to the preservation of or even worsening of problems.

[@Richard.Atkinson]

This isn’t a win.

[@band-t6881]

Kyle do really think the parliamentarian goes against dem proposals by accident?

[@jca9417]

He's smarter than that , but he has to pretend to his viewers that Democrats are somehow better than Republicans 🥱🥱

[@auldgoat5644]

Another fossil fuel company giveaway. The title of the bill is nice though.

[@ozymandiasramesses1773]

Sums it up nicely.

[@johnhurley8918]

The only way you're getting green energy infrastructure is if they make it source neutral. Fossil fuels are a developed industry whith no room to cut costs. Renewables and nuclear are already cheaper and have huge room for improvement. The #1 goal needs to be to get the green infrastructure built so it can start our competing fossil fuel. We can always cut fossil fuel subsidies later, but we NEED the green infrastructure to make up the difference.

[@brian2440]

@@johnhurley8918 Yes but if you’re going to increase interment production then YOU MUST invest heavily in supplemental infrastructure to support the increased production. This bill apparently missed that memo among the 10,000 scientific and engineering studies stating this as basic fact. You give $50 billion to batteries, which btw wtf do politicians think that batteries are the only form of storage capacity technology? Especially in a country where 92% of storage capacity IS NOT FROM BATTERIES? There are 24 major groups of technologies that fall under storage capacity wtf are we only looking at 1 - seems incredibly stupid…… You give $2 billion for grid infrastructure. $2 billion???? IS THIS A JOKE? Average cost of transmission in this country is $2.5 MILLION PER MILE. And you give $2 billion over 10 years? Oh and what is this, “to improve and modernize the majority of the electrical grid” How much meth did you people smoke when writing this garbage? Just as a crash course in understanding the scale of infrastructure that exists in this country we currently have: - 650,000 miles of transmission - 2,420,000 miles of distribution - 90,000 substation. And you gave $2 billion to modernize the majority of this???? Do you see why this might be a problem? Believe it or not 800 miles is not the same as 400,000 miles…… And lastly my favorite. Drumroll please for the allocations given for synchronous and asynchronous IRT loading technologies……………… Oh what’s that? NOT A SINGLE BLOODY DIME? Not even a mention of this critical infrastructure necessary to maintain and manage the flow of energy in real time to account for the differences in demand versus variable generation. Geez can’t imagine why would need that….. What a complete joke. Clearly none of the people who wrote this garbage have ever worked in energy nor did they actually bother to talk to anyone who actually has.

[@johnhurley8918]

@@brian2440 I mean, they physically can't have a working knowledge of everything they're expected to write laws on, but when you put it like that, yeah I wish they had at least consulted some engineers on this. In hindsight, it seems like more of a signaling bill than anything else.

[@brian2440]

@@johnhurley8918 They can’t physically know everything, but it looks incredibly poor when the US Department of Energy literally has reports for decarbonizing the energy industry and our bills are so ridiculously off compared to those reports….. The bill allocates $2 billion for grid infrastructure. The 2020 Peer Review Grid Modernization Report by the DOE estimates the cost at $2.5 trillion. Should have been a good indicator that we may have missed something when you’re 1,250 TIMES off….. And even more so, the National Renewable Electricity Futures Plan is another DOE report to decarbonize the entire energy industry. We are allocating $370 Billion in this bill for all energy and climate infrastructure to make “historic difference on emissions”. The NREFP estimates the cost to achieve net zero in energy at $7.84 trillion. These are publicly available reports from the same government these geniuses work for. We even have Sec Granholm WHO RUNS THIS DEPARTMENT being completely ignorant of reports from the DOE. That is simply moronic insanity……

[@HaiRune]

Damn my senators in Georgia are kinda based let’s gooo

[@jdcaldwell5088]

Just another GIVE OF WAY to the rich/corporations!