House Budget Committee Chairman Arrington on Two-Year Anniversary of Democrats' So-Called 'Inflation Reduction Act'
August 16, 2024
August 16, 2024
WASHINGTON, Aug. 16 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following statement on Aug. 15, 2024:
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Tomorrow, August 16, 2024, marks the second anniversary of the 'Inflation Reduction Act' (IRA) becoming law. Despite claims by Democrats, the IRA did not reduce inflation or the national deficit. On the contrary, the IRA's massive spending caused inflation to rise and projected 10-year deficits are over $6 trillion higher t . . .
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Tomorrow, August 16, 2024, marks the second anniversary of the 'Inflation Reduction Act' (IRA) becoming law. Despite claims by Democrats, the IRA did not reduce inflation or the national deficit. On the contrary, the IRA's massive spending caused inflation to rise and projected 10-year deficits are over $6 trillion higher t . . .