Birdwatch Note Rating
2022-11-03 21:10:03 UTC - HELPFUL
Rated by Participant: EF63FD0DEA086AC80AC83854C967619D874EC4CC0417972728AE726E236D45A5
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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