On the recordSeptember 20, 2022
The Inflation Reduction Act reduced the Federal deficit by $300 billion, partially ameliorating the inflationary effect of the Trump tax cut.
Source
congress.govThe Inflation Reduction Act reduced the Federal deficit by $300 billion, partially ameliorating the inflationary effect of the Trump tax cut.
Sherman discusses the impact of the Inflation Reduction Act on the federal deficit and inflation.
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