Finally got it passed.https://abcnews.go.com/Politics/senate-democrats-pass-climate-tax-health-care-bill/story?id=88067862
No details on what's actually in there.
Inflation Reduction Act What else you need to know?
From your link:“Despite the bill's name, however, the CBO found that it would have a minimal affect on high inflation in the short-term -- something Democrats have conceded when pressed.”
Also from my link:The plan would reduce federal budget deficits by $102 billion over 10 years, according to the nonpartisan Congressional Budget Office.
Inflation down and market up!!! We are going to run out of toast soon. Is that a pin I hear drop?
Inflation down? I must have missed it. Looks like it was up 8.5% in July.Lower extreme highs in July that are a bit lower than the extreme highs of June is a subjective accomplishment
Tell that to my local grocer. Paying about 50% more than a year ago on my weekly bill.
Inflation grew at a slightly slower pace this month from last. Is that better?
FTFY
It's actually flat, but this is only because energy prices are down so significantly. The ones who only looked at core CPI suddenly don't care that it is still increasing, as long as they can say inflation is flat.
No the goalpost used is CPI and that is down this month from last.
