April 19, 2024

Democrat Patty Murray Champions ‘Inflation Reduction’ Act as Economists Say Spending Worsened Inflation

Sen. Patty Murray (D-WA) touted her support for the so-called “Inflation Reduction” Act at Sunday evening’s Senate debate with her opponent, Republican Tiffany Smiley, who is putting her through a tough reelection campaign. Smiley said Murray’s support “sounds like a Washington, DC, answer to me,” telling the 30-year incumbent, “you are Washington, DC.” “Sen. Murray…

Economists: Inflation Can’t Be Reined In Without Tanking The Economy

Nearly three quarters of business economists believe that the Federal Reserve will not be able to bring inflation back to its target of 2% in the next two years without inducing a recession, according to a poll by the National Association for Business Economics (NABE) released Monday.Roughly 19% of respondents believed that the U.S. was…

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