Responding to pointed criticism from French President Emmanuel Macron about the Inflation Reduction Act, President Joe Biden admitted that the $740 billion tax-and-climate law contains “glitches” but defended the legislation after the two leaders met in the Oval Office on Dec. 1.
“The United States makes no apology, and I make no apologies, since I wrote it, for the legislation,” Biden said in a joint press conference after the summit with Macron. “But there are occasions when you write a massive piece of legislation, there’s obviously going to be glitches in it, and the need to reconcile changes.”
The White House promoted the meeting as an opportunity for the United States and France to showcase their close ties and reinforce their alignment on the war in Ukraine, competition with China, and climate change among other global issues….