Posted inDemocratic Party Economic Conditions and Trends Federal Budget (US) House of Representatives Inflation (Economics) Inflation Reduction Act of 2022 Midterm Elections (2022) Republican Party Senate Tax Cuts and Jobs Act (2017) United States Economy United States Politics and Government
Republicans Denounce Inflation, but Few Economists Expect Their Plans to Help
Proposed tax and spending cuts by the G.O.P., which is making a push to take back Congress, are unlikely to bring down rapidly rising prices any time soon.