Arizona’s Sen. Sinema (D-AZ) may pose obstacle to passing Inflation Reduction Act

Yahoo Finance published this video item, entitled “Arizona’s Sen. Sinema (D-AZ) may pose obstacle to passing Inflation Reduction Act” – below is their description.

#inflationReductionAct #inflation #biden

Yahoo Finance’s Jenn Schonberger discusses whether Democrats have the votes to push the new budget reconciliation legislation through Congress

Yahoo Finance YouTube Channel

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In This Story: Arizona

Arizona, a southwestern U.S. state, is best known for the Grand Canyon, the mile-deep chasm carved by the Colorado River. Flagstaff, a ponderosa pine–covered mountain town, is a major gateway to the Grand Canyon. Other natural sites include Saguaro National Park, protecting cactus-filled Sonoran Desert landscape.

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“Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.

It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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