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House Dems balk when asked how Inflation Reduction Act will reduce inflation


FILE - In this May 10, 2020 file photo, a shopper pushes his cart past a display of packaged meat in a grocery store in southeast Denver. Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy's inflationary pressures cooled last month. Thursday’s report from the Labor Department showed that the producer price index — which measures inflation before it reaches consumers — declined 0.5% in July. (AP Photo/David Zalubowski, File)
FILE - In this May 10, 2020 file photo, a shopper pushes his cart past a display of packaged meat in a grocery store in southeast Denver. Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy's inflationary pressures cooled last month. Thursday’s report from the Labor Department showed that the producer price index — which measures inflation before it reaches consumers — declined 0.5% in July. (AP Photo/David Zalubowski, File)
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House Democrats skirted questions about how the so-called “Inflation Reduction Act” would specifically cut inflation and lower costs for Americans during a series of walk-and-talk interviews Monday.

The interviews, conducted by Fox News Digital, included Rep. Jamie Raskin, D-Md., completely denying a question about how the bill will lower inflation, and extolling President Joe Biden for success “moving things in the right direction already.”

As soon as the act goes into effect, I hope that all of the provisions will begin to work,” Raskin can be heard telling a reporter outside the Capitol. “I know that those who’ve been blaming President Biden for inflation going up are now giving President Biden all the credit for inflation going down. So we’re moving things in the right direction already,” Raskin added.
And what parts of the bill do you think will put to work on [lowering inflation] specifically?” the reporter asked in response.
Next question,” Raskin shot back.

Reps. Hakeem Jeffries, D-N.Y., and Debbie Dingell, D-Mich., were both asked the same question within the context of pushback from both Republicans and Sen. Bernie Sanders, I-Vt, who said on the Senate floor earlier this month that “the so-called Inflation Reduction Act” will result in “a minimal impact on inflation.”

I have a great deal of respect for Sen. Sanders but this is the single biggest investment in healthcare and in the environment that we’ve done in decades and I think that we will see the results,” Dingell responded.

Well that legislation will have a positive impact on energy costs, on healthcare costs and on the high price of life-saving prescription drugs,” Jeffries answered. “At minimum.”

“We’re already seeing reduction in prices of fuel,” Rep. Mark Takano, D-Calif., responded after being asked when the Inflation Reduction Act will begin actually cutting inflation. “I think – you know – much is already sort of on track, and there are plenty of things that need to fall into place but I feel that Americans are going to feel more optimistic they’re seeing a lot of signals coming together and what they want to see is their Congress try, they want to see leaders try, and these things may – in the end – not hit the mark fully on the bullseye, but Americans want to see their leaders try and do something and not stand in the way.”

Rep. Jamaal Bowman, D-N.Y, echoed a sentiment similar to that heard from many of his Democratic colleagues, that the country was already on track and seeing costs go down.

“We control inflation by ensuring corporations pay their fair share and by ensuring that that money is invested in the American people, and that people are working – everyone is working,” Bowman told Fox News. “So – you know – it’s already had an effect, we’ve seen gas prices come down, and you’re going to see more in the coming weeks.”

Democratic Congressional Campaign Committee Chair Sean Patrick Maloney, D-N.Y., didn’t stop to respond to the question, but he did offer a blunt response appearing to show he isn’t as in sync as the rest of his fellow Democrats who responded to questions about how and when the new Inflation Reduction Act will actually cut inflation.

"Can't happen soon enough," he said.

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