When will Inflation Reduction Act start reducing inflation? White House stumped for an answer
When will Inflation Reduction Act start reducing inflation? White House stumped for an answer
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President Biden said in August that the massive Democrat spending and tax bill supported by the White House was a "Godsend" that "tackles inflation by lowering the deficit and lowering costs for regular families."
However, when asked exactly how long until that vision of the Inflation Reduction Act comes to fruition, Biden's White House isn't too sure.
On Monday, a reporter asked White House Press Secretary Karine Jean-Pierre for a timeline on when Americans can start feeling some relief from historically high inflation.
"In regards to the Inflation Reduction Act, early next year they will see some of the pieces...
Source: https://justthenews.com/nation/economy/when-will-inflation-reduction-act-start-reducing-inflation-dont-hold-your-breath?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators
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