The Democrats’ “Inflation Reduction Act” would reduce after-tax incomes for Americans in every income bracket and will worsen inflation, according to a new report from the nonpartisan Tax Foundation. The Tax Foundation revealed that the bill would cause after-tax incomes for Americans in every income group except the top 1% to fall by 0.2%, and
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On Tuesday, Walmart CEO Doug McMillon warned that the effects of inflation will be “with us basically forever” and explained how higher prices are affecting his corporation. According to a report from
On Monday, Democrat Congressman Jamie Raskin (MD) discussed the Democrats’ Inflation Reduction Act with reporters but refused to answer what about the bill would actually reduce inflation. Raskin was boasting about the
During an interview with ABC News anchor Jonathan Karl over the weekend, White House Press Secretary Karine Jean-Pierre was questioned on if the Democrats’ so-called “Inflation Reduction Act” would actually reduce inflation.
On Friday, Democrat Congresswoman Pramila Jayapal (WA) dismissed inflation as a “theoretical word” ahead of the House Democrats’ vote to pass a massive spending bill. The $740 billion spending bill, which will
