Birdwatch Note Rating
2022-12-06 10:26:52 UTC - HELPFUL
Rated by Participant: B8ED2766DBB6FE53240706F2CEF704B1B595BD630E269F9C267AFDF0E427F718
Participant Details
Original Note:
Non-partisan experts, including the CBO, have reported the bill will have no impact on reducing inflation. “would have no meaningful effect on inflation in the near term but would reduce inflation by around 0.1 percentage points by the middle of the first decade.” https://treasury.ms.gov/2022/08/19/mcrae-the-inflation-reduction-act-will-not-reduce-inflation/#:~:text=In%20fact%2C%20research%20by%20the,middle%20of%20the%20first%20decade.%E2%80%9D
All Note Details