Biden’s Agenda Doesn’t Give Priority to Inflation, Despite Rhetoric

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from The Wall Street Journal,

Ever since inflation shot to the top of the public’s worries, President Biden and his fellow Democrats have sought to show they are on the case, even naming their signature tax, climate and healthcare bill the Inflation Reduction Act. Passing it is the “most consequential thing that Congress can do” to keep inflation from getting worse, Mr. Biden declared Wednesday.

There are two problems with this. The first is that the claim largely rests on estimates that the bill will, over 10 years

Second, the bill, which the Senate passed Sunday with a simple majority vote under a process called reconciliation and is to be voted on by the House on Friday, is only one of several major pieces of legislation Mr. Biden has signed or endorsed in the past year.

Other laws swamp the deficit reduction achieved by what Democrats named the Inflation Reduction Act

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