Birdwatch Note Rating
2022-12-07 02:58:08 UTC - HELPFUL
Rated by Participant: 9273FB978B169F4C5DA9F045CAD35479254A11AA0A806F86CE60F88E43B433BA
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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