Senator Tim Scott: The Democrats’ Climate Bill Should Be Called The Inflation Seduction Act

Fox News published this video item, entitled “Senator Tim Scott: The Democrats’ Climate Bill Should Be Called The Inflation Seduction Act” – below is their description.

South Carolina Republican Senator Tim Scott joins Fox Across America With Jimmy Failla to explain why the $740 billion healthcare and climate package passed by the Senate over the weekend will actually do nothing to reduce inflation. He also discusses his new book, “America, a Redemption Story: Choosing Hope, Creating Unity”.

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Fox News is an American multinational conservative cable news television channel. It is owned by Fox News Media, which itself is owned by the Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in New York City.

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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.

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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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