Former Secretary of State John Kerry said publicly that President Biden's Reduction Act doesn't have 'much' to do with inflation – even as he praised the law's billions in climate funding.Kerry was referring to the bill title that leaders stuck onto the resurrected legislation after Senate Majority Leader Charles Schumer was able to hammer out a deal with West Sen. Joe Manchin, who had raised repeat concerns about potential impacts on record inflation.Negotiators scrubbed Biden's proposals, many from his original Build Back Better plan, and slapped on the Inflation Reduction Act moniker, although many of its most ambitious programs that the administration cheered had to do with carbon emissions reductions and new funds to promote electric vehicles.
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