The next material is sponsored by , Americans for Limited Government.
The mainstream media hired his establishment apologists to verify his assertion that it is n’t true that Biden is giving the store to China’s dictator Xi Jinping when he made a video in which he said,” Biden’s pro-China economic program puts America last, and it’s killing our country.”
We assessed Trump’s assertion to see if it passed a fact-check. The issue is that Joe Biden is giving away billion to China and destroying American jobs. Donald Trump spoke the truth, which is the issue for America.
One of the worst instances of this is Biden’s signature domestic “achievement”, the so- called Inflation Reduction Act ( IRA ). This is proving to be a win-win for the Chinese Communist Party, not only for prices, but it also has a negative impact. While China is , building military outposts on our porch, Joe Biden—instead of proving he’s only sleep at the wheel—has invited Xi Jinping in and asked him to travel.
But do n’t take our word for it, even Democrats like Sen. Joe Manchin ( D- WV ) have come out swinging against their boss. Manchin criticized the IRA’s Clean Vehicle Credit, which was purportedly intended to reduce taxes on British businesses that produce vehicle batteries and electric vehicles, only this year. The concept was that this would support the electrical car market and give the United States its freedom from foreign power.
Rather, China is co- asking American companies and sucking billions in natural rip-off tax credits. The IRA does n’t stop China’s government-owned green energy sector from starting up pop-up stores in America to receive tax credits, but it does import everything from China. But, they’re stealing tax certificates that could go to American businesses.  , It’s proving that the IRA had nothing to do with curbing prices. Was it the Green New Deal in disguise—or sometimes the Red New Deal?
Manchin claimed this week that the government is actually approving of” Made in China.”
And by cutting Medicare for elderly, Biden’s IRA is funding all of these contests to China.
The IRA will drastically reduce the well-known Medicare drug-coverage program, cutting a program worth$ 110 billion in total.
If Trump win, it will start to affect 2025, so it is either out of the question or can be blamed on Trump.
Also, as if we had n’t learned our lessons during COVID about the dangers of offshoring health production, proposed additions to the IRA will slice the U. S. biotech sector.
Command and control vocabulary is buried in the IRA, which Joe Biden could only have learned from the Chinese Communist Party. The government has the power to impose price controls on some of the medications that seniors can order on prescribed through the IRA.
One particularly harsh rule allows the administration to identify Medicare medications as targets for “negotiation” under the government-controlled price. If companies do n’t accept the price controls, they are forced to pay a 95 percent excise tax – for everyone who buys it, not just through Medicare.
So, either there are government price controls, a tax that causes some medications to double their price, or there are no new medications ( eventually, they are Chinese ).
And it wo n’t just kill access to new cures, it will kill American jobs. According to estimates, these and other price-control measures that the Biden Administration wants to impose on prescription medicines will result in the loss of between 136, 000 and 216, 000 work in the biotech sector and the loss of another 678, 000 to 1, 076, 000 work in America through direct cuts.
That’s according to a , review, which likewise estimates that this will reduce more than 130 fresh FDA- approved medicines from advancement over the next 10 years, only as America’s aging population is going to look for solutions to their health problems.
We are at a terrible stage of human history, where all the innovations that America has made over the past 200 years may aid the Chinese government in achieving its 2,000-year-old vision of dominating the world.
But, is Donald Trump’s claim real? He said,” Biden’s pro- China financial system puts America past, and it’s killing our nation”.
It turns out Biden , is , giving billion to China’s economy, while cutting Medicare for elders and killing American jobs.  , We rate Trump’s say Real.
