Posted: Jul 28, 2022 9:48 AM
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Some politicians in Washington don’t understand that increasing federal spending is one of the chief causes of inflation. Senate Democrats just rolled out new legislation titled the ‘Inflation Reduction Act of 2022’ that they intend to ram through Congress on a party line vote next week with no hearings, no debate and no input from Republicans. While the economy is experiencing a recession, Democrats are pushing big spending ideas that will make things worse.
This legislation is exhibit A proving Democrats are completely out of touch with the struggles of most Americans because the bill will do nothing to decrease gas prices, inflation at the grocery store, and will hand out hundreds of billions of new federally created cash into green energy companies, likely companies with Democratic Party ties, that will add to out of control federal spending – a chief cause of inflation.
Our federal government has racked up over $30 trillion in federal debt over the history of our nation with