Biden admits ‘I wish I hadn’t called’ spending bill Inflation Reduction Act

New York Post — President Biden said at a fundraiser Thursday that he regrets calling one of his major legislative achievements the Inflation Reduction Act — because the primary goal was environmental spending and not to lower prices.

“The Inflation Reduction Act — I wish I hadn’t called it that, because it has less to do with reducing inflation than it does to do with dealing with providing for alternatives that generate economic growth,” Biden said in Park City, Utah.