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Rep. Matt Rosendale, R-Mont., argues 'you can't require this much cash right into the economic climate without creating inflation' as well as slams the Biden management for trying to change customer routines each time when people and also sectors aren't ready for it.
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REP. ROSENDALE: What they're [Biden and Pelosi are] trying to do is alter customer habits and also if the customers want to acquire gasoline powered vehicles, the administration is claiming, 'No, we wish to transform those habits. We intend to have every person driving around [in] electric lorries.' The issue is that the customers aren't ready for it and [the] sector isn't prepared for it yet and what we're doing is driving up the cost of energy for those that can manage it the least, whether it's the fuel they're placing in their autos to get to function each day or to maintain their homes heated up in the winter. We still have a lot of winter months to undergo yet as well as they're not mosting likely to change consumer behaviors by raising the expense of energy.
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Biden, Pelosi push back after inflation blamed on Dems' spending
Rep. Matt Rosendale, R-Mont., argues 'you can't force this much money into the economy without causing inflation' and slams the Biden administration for trying to change consumer habits at a time when people and industries aren't ready for it.
...
REP. ROSENDALE: What they’re [Biden and Pelosi are] trying to do is change consumer habits and if the consumers want to buy gasoline powered vehicles, the administration is saying, ‘No, we want to change those habits. We want to have everyone driving around [in] electric vehicles.’ The problem is that the consumers aren’t ready for it and [the] industry isn’t ready for it yet and what we’re doing is driving up the cost of energy for those who can afford it the least, whether it’s the gasoline they’re putting in their cars to get to work each day or to keep their homes heated in the wintertime. We still have a lot of winter to go through yet and they’re not going to change consumer habits by raising the cost of energy.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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