Birdwatch Note Rating
2022-12-06 17:46:28 UTC - HELPFUL
Rated by Participant: 7E4D38BE27535DFAB3FACE1BD251FFF25FD9312A73C756CF64AAFAFD6F3AA80E
Participant Details
Original Note:
According to economists and data scientists at the Penn Wharton Budget Model, the impact on inflation will be "statistically indistinguishable from zero." The Congressional Budget Office concluded it would have a "negligible" impact on inflation this year and next. https://www.cbsnews.com/news/inflation-reduction-act-may-not-lower-inflation-penn-wharton/
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