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Biden Giving Billions To Who?

by Market FinancePosted onJuly 22, 2022July 22, 2022

Enough is enough!

During a recent interview with Fox Business, Republican Senator Marsha Blackburn explained that President Biden’s decision to declare war on oil will not make America independent. Instead Blackburn believes that Biden’s decision to shift to electric energy will result in billions if not trillions of dollars going to China for things such as batteries and solar panels.

Basically, Biden’s goal is to stop sending money to the middle east for oil and instead will send that same money to China for their electric products meaning that nothing will really change for Americans here in the United States.

In transcript provided by Breitbart, Blackburn explained, “First of all, what the Democrats are trying to do is hundreds of billions of dollars in new taxes, and this would be on high wage earners, it would also be on small businesses, which Joe Biden had said he would not tax the small businesses. So, another broken promise there. Now, when you look at the effect of what they’re trying to accomplish through this, it is that power and control. Joe Biden has declared war on oil and gas. And that is why he’s gone hand in hand to the Mideast trying to get somebody to sell him more oil.”

Blackburn then added, “And now he’s looking at turning this economy into an electricity-based economy, where we’re going to be doing more business with a Communist Chinese party Xi Jinping, buying more solar panels, more electric batteries. And as Buttigieg has said, in trying to push people into electric vehicles, which the American consumer cannot afford, they’re too expensive.”

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Published by Market Finance

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