Nation's Largest Muslim Advocacy Group is Giving Advice About How to Evade ICE
Trump White House Unveils New Tax Plan for Americans
Hillary Clinton Takes Another Shot at Transportation Secretary Sean Duffy and Gets Humilia...
BREAKING: Federal Judges Block Trump Executive Order Restricting Birthright Citizenship
Former Twitter Employees Have 'Advice' for Federal Workers Dealing With Elon Musk
Sean Duffy Has the Perfect Response to Hillary Clinton's Tweet Complaining About DOGE
Just Wait Until You Hear How Hamas Responded to Trump's Gaza Plans
USAID Whistleblower Says He Was Forced to Attend DEI Boot Camp
Leftist Mayor Defends DEI
This University System Has Discriminatory Admissions Policies, Lawsuit Claims
Democratic Congressman So Broken by Trump He's Ranting About National Prayer Breakfast
Heartwarming: Feel-Good Story of the Year May Change How You Feel About Sunday's...
There's a Backdoor Effort in the Works That Would Undermine Trump's Executive Order
Karoline Leavitt Makes One Thing Clear After It's Revealed Legacy Media Received USAID...
This Tech Giant Just Did Away With DEI Initiatives
Tipsheet

WH Chief Economist Can't Bring Herself to Say Democrats' Bill Will Reduce Inflation

AP Photo/Susan Walsh

White House Chief Economist Cecilia Rouse was pressed on CNN about how the much-touted "Inflation Reduction Act" does not reduce inflation for the next few years and she had no answer as to why Democrats named the bill as if it did.

Advertisement

Biden is set to sign the "Inflation Reduction Act" after coming back from vacation before he leaves the White House again to Delaware.

"The Congressional Budget Office — you know this, but to remind viewers — the Congressional Budget Office, the non-partisan kind of scoring organization for legislation, says that the bill would have negligible impact on inflation this year and next. Are you personally comfortable as an economist calling it the Inflation Reduction Act?" anchor Kate Bolduan asked.

"So this bill represents really important investments we know we need to make that help to expand our economic capacity. Inflation happens when we have too much demand for the supply, and we know we need to be investing in the supply supports so that we are better able as a country to address issues like inflation going forward," Rouse replied.

"But if you passed a bill called the Fill Every Pothole Act, I mean, voters would expect you to fill every pothole. I mean, so should voters measure the success of this bill on how much you reduce inflation in the next couple of years?" Bolduan followed up.

Advertisement

"So this bill spins out over several years and so the tax provisions, for example, some of the tax revenue will happen immediately, some of the benefits in terms of deficit reduction will materialize over time. So, again, this is really an investment in our economy," said Rouse, claiming the bill's impact will occur in the future.

Bolduan ended the interviewing by noting Democrats could have named this bill a number of other things that would have not been misleading.


Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement