ad-image

In August, the Biden administration signed the Inflation Reduction Act passed by Congress, hoping it would help lower inflation and gain them an advantage in the midterms.

Instead, as Breitbart News reported, the bill was focused on climate change and healthcare initiatives and is more likely to increase inflation over the next couple of years since it would add to the budget deficit.

Some Democrats were also hoping that decreasing gas prices from the record-highs earlier this year would resonate with voters. However, fuel prices are still up 19.7 percent from a year ago, and the national gas prices average has also been inching closer to $4 per gallon again.



 
Source: Breitbart
ad-image
©2024, Vetted Sources. All rights reserved. Privacy Policy