• About
  • Team
  • Contact
  • Editorial Standards
  • Core Values
  • Terms of Service
  • Privacy Policy
  • Affiliate Disclosure
Resist the Mainstream
No Result
View All Result
STORE
  • Politics
  • US
  • Media Watch
  • World
  • COVID
  • Story of Hope
  • Opinion
    • Cartoons
NEWSLETTER
Get Ad-Free Login Manage Account
  • Politics
  • US
  • Media Watch
  • World
  • COVID
  • Story of Hope
  • Opinion
    • Cartoons
No Result
View All Result
Resist the Mainstream
No Result
View All Result

Watch: Democrat Rep. Refuses To Say How ‘Inflation Reduction Act’ Will Lower Inflation: ‘Next Question’

John Symank by John Symank
August 15, 2022
0
Watch: Democrat Rep. Refuses To Say How ‘Inflation Reduction Act’ Will Lower Inflation: ‘Next Question’

RELATED

Mayorkas Scrambles as Sen. Kennedy Asks Him to Define ‘Assault Weapons’: ‘I Am Not An Expert’

Actress Melissa Joan Hart Details How She Helped Children Escape From Nashville School Shooting

Congressman Jamie Raskin (D-MD) was discussing the recently passed Inflation Reduction Act with reporters when one asked him what specific measures the act will take in the process of reducing inflation, leading Raskin to give a telling response.

ADVERTISEMENTS
ON
OFF

Raskin touted the passage of the act, claiming that the sooner its provisions could be implemented the sooner Americans would start seeing some relief.

Advertisements

“As soon as the act goes into effect, I hope that all of the provisions will begin to work,” he began. “I’m — I know that those who have been blaming President Biden for the inflation going up are now giving President Biden all the credit for inflation going down. So we’re moving things in the right direction already.”

That was when a reporter asked him to point to a specific provision that would act to lower inflation.

“What parts of the bill do you think will put to work on [lowering inflation] specifically?” the reporter asked.

Raskin stammered for a moment before simply saying, “Next question.”

RNC-Research-What-parts-of-the-bill-do-you-think-will-put-to-work-on-lowering-inflation-specifically-Democrat-Rep-Jamie-Raskin-Next-question
play-sharp-fill
Link

RNC-Research-What-parts-of-the-bill-do-you-think-will-put-to-work-on-lowering-inflation-specifically-Democrat-Rep-Jamie-Raskin-Next-question

Advertisements

The Inflation Reduction Act passed the House and Senate last week, and had been pushed as a climate, health, and tax bill. Among the bill’s many measures, it will massively expand the size of the Internal Revenue Service by about 87,000 new agents.

White House Press Secretary Karine Jean-Pierre similarly struggled with a question on the bill’s effectiveness at combating inflation while speaking to Jonathan Karl on ABC’s “This Week” over the weekend.

After she claimed that the bill would lower costs for Americans, Karl pushed back: “But let me ask you, it’s called the ‘Inflation Reduction Act,’ but the Congressional Budget Office, which is nonpartisan, said that there would be a negligible impact on inflation this year and barely impact inflation at all next year. Isn’t it almost Orwellian? How can you call it inflation reduction when the nonpartisan experts say it’s not gonna bring inflation down?”

“Look, here’s the thing. We have 126 economists, both Republicans, both Democrats who have said it’s going to fight inflation, five former secretaries of treasury,” Jean-Pierre claimed.

“So you disagree with the assessment of the CBO?” Karl pressed again.

“Well, there’s more to it than that,” she said. The Press Secretary argued that Republicans were just framing the issue in such a way that it looked like it wouldn’t work.

An analysis compiled by a group of economists and data analysts at the University of Pennsylvania showed that the impact of the Inflation Reduction Act will likely be “statistically indistinguishable from zero,” according to the Penn Wharton Budget Model.

Scroll down to leave a comment and share your thoughts.

TRENDING TODAY

Photos Reveal Inside of Nashville Shooter Audrey Hale’s House
US

Photos Reveal Inside of Nashville Shooter Audrey Hale’s House

by RTM Staff
March 29, 2023
Police Chief Reveals Nashville Shooter Audrey Hale Had Another Target in Mind
US

Police Chief Reveals Nashville Shooter Audrey Hale Had Another Target in Mind

by RTM Staff
March 29, 2023


© 2023 Resist the Mainstream

Get Ad-Free Login Manage Account
No Result
View All Result
  • Newsletter
  • Store
  • Politics
  • US
  • Media Watch
  • World
  • COVID
  • Story of Hope
  • Opinion
    • Cartoons
  • About
  • Team
  • Contact
  • Editorial Standards
  • Core Values
  • Terms of Service
  • Privacy Policy
  • Affiliate Disclosure

© 2023 Resist the Mainstream