IS BILL GATES BEHIND JOE BIDEN’S INFLATION REDUCTION ACT?

In a Tuesday Bloomberg news piece that sees more like a newsletter for the Bill Gates supporters group, the billionaire co-founder of Microsoft recounts how previously this year, as moderate Democratic Senators Joe Manchin and Kyrsten Sinema proceeded to halt the tax-and-spend legislation out of worry that it would elevate taxes levied on the middle class (it will), Gates claims he exploited a relationship with Manchin that he had been fostering since at least 2019.

Gates was banking on more than just his trademark optimism about addressing climate change and other seemingly intractable problems that have been his focus since stepping down as Microsoft’s chief executive two decades ago. As he revealed to Bloomberg Green, he has quietly lobbied Manchin and other senators, starting before President Joe Biden had won the White House, in anticipation of a rare moment in which heavy federal spending might be secured for the clean-energy transition.

Those discussions gave him reason to believe the senator from West Virginia would come through for the climate — and he was willing to continue pressing the case himself until the very end. “The last month people felt like, OK, we tried, we’re done, it failed,” Gates said. “I believed it was a unique opportunity.” So he tapped into a relationship with Manchin that he’d cultivated for at least three years. “We were able to talk even at a time when he felt people weren’t listening.”

-Bloomberg

Read full articles here:
[link to www.blacklistednews.com (secure)]