Birdwatch Note Rating
2022-11-04 02:11:30 UTC - HELPFUL
Rated by Participant: 7A53EC754302CA39AA6A8AA8CD831323C2B62CFE2AE423F1D37043101FA36907
Participant Details
Original Note:
The Congressional Budget Office, a non-partisan government organization, has estimated the Inflation Reduction Act "would have a negligible effect on inflation" in 2022, and at best lower inflation 0.1% in 2023. Spending does not and cannot reduce inflation broadly. https://www.budget.senate.gov/imo/media/doc/58357-Graham.pdf
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