Ex-Biden Econ. Official in Wake of Biden-Touted Electric Bus Company Bust: IRA Green Spending Overruns 'Very Positive'

On Wednesday's broadcast of CNBC's "Squawk Box," former Biden White House National Economic Council Director Brian Deese reacted to projected cost overruns in the Inflation Reduction Act's green provisions by stating that the prospect of a cost overrun is "overwhelmingly," "very positive." And "overall, the more economic response we can have in terms of durable private investment in potentially high-productivity areas of our economy, that's a very good thing."