GOP congressman: Inflation Reduction Act will make inflation worse l ABCNL

ABC News published this video item, entitled “GOP congressman: Inflation Reduction Act will make inflation worse l ABCNL” – below is their description.

Rep. Pete Sessions, R-Texas, says the Democrats’ deal to pass the Inflation Reduction Act will do anything but – and harm businesses and consumers in the process.

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About This Source - ABC News

American Broadcasting Company is an American commercial broadcast radio and television network owned by the Disney Media Networks division of The Walt Disney Company.

ABC News is primarily broadcast from the Times Square Studios in New York City.

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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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