Posted on 08/13/2022 3:16:08 PM PDT by ChicagoConservative27
On Saturday’s “CNN Newsroom,” Rep. Dina Titus (D-NV) responded to an estimate by the Congressional Budget Office (CBO) that the Inflation Reduction Act won’t have much of an impact on inflation this year or next year by saying that many economists say “inflation is already coming down. Gas prices are coming down. So, I believe that you will be able to feel it.”
Host Fredricka Whitfield asked, “But do you worry that many Americans won’t actually feel the impact of the bill — some of the impact, for a long time? I mean, it’s called the Inflation Reduction Act. But the Congressional Budget Office says the bill is not going to do much to lower inflation this year or even next.”
(Excerpt) Read more at breitbart.com ...
Tell that to people looking at their grocery bills or their utility bills or the gasoline bills.
I saw a story a few minutes ago that said Bill Gates says it's big win for environmental wackoism with no mention of inflation.
I call it the Make Inflation Worse Act.
I live in Nevada.
Prices are not coming down with any speed or comfort.
Shelves are empty again in Wal Mart.
Maybe the flatulence act. 😀
Blowing another Trillion dollars is going to raise inflation 3% more so we’ll be at 15% annually next year.
...grocery prices haven’t already DOUBLED...
________________________________________
My local chain yesterday put out their flyer for next week with the advertised SALE price on T-bone & porterhouse at $12/lb. Miracle Whip is over $9 for 2 oz less than a quart.
I have 2 full freezers and full pantry storage, but we all know stuff eventually runs out.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.