YouGov Poll: Americans think the Inflation Reduction Act will…
Increase inflation: 36%
Will not change inflation: 23%
Decrease inflation: 12%
Not sure: 29%https://t.co/M5GZio2zHH pic.twitter.com/Gd9C5CrkkL— InteractivePolls (@IAPolls2022) August 4, 2022
23% and 29% told the pollster they either didn’t think the bill would raise/lower inflation or weren’t certain either way.
When Democrats claim the Inflation Reduction Act will bring down inflation, they leave out vital information from the Penn Wharton Budget Model. This source determined that inflation will actually rise before it falls.
Nevertheless, more than five in ten Democrats favor this new spending bill.
The likelihood of the bill passing Congress
Thus far, every single Democrat in the Senate has confirmed they’ll support the Inflation Reduction Act. Therefore, the legislation will have enough votes to pass and dodge a filibuster.
Since the House of Representatives also supports the Inflation Reduction Act, this bill is all but certain to pass Congress.
Then, that leaves Joe Biden who likewise confirmed his approval of the legislation. The president urged Congress to pass the Inflation Reduction Act as quickly as possible, claiming it will benefit the middle class.
Few Americans Believe Democrats’ Claims About the Inflation Reduction Act
