President Biden touts the Inflation Reduction Act, which lowers deficits by $240 billion over a decade, he has also signed into law increased spending on veterans benefits, infrastructure and semiconductors, while taking executive actions that vastly expand food stamp and Obamacare benefits and cancel student debt worth $400 billion to $1 trillion.
Increased Govt. spending increases Aggregate Demand for US Goods and Services, which increases price (inflation).
Someone tell the FTC.
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