Biden Tax Hike
August 16, 2023
It’s been one year since the poorly named “Inflation Reduction Act” was signed into law and the reviews are in:
- Nearly half of Americans say their financial situation is actively “getting worse” under Biden.
- Inflation surged more than any wage gains Americans might have experienced.
- Inflation means families spend $709 more per month than two years ago.
- Grocery costs are 23 percent higher than they were at the start of the pandemic.
- There were 5.9 million Americans working part-time in July, who would rather have a full-time job but cited economic reasons for not doing so.
Extreme Democrats Dina Titus, Susie Lee and Steven Horsford supported it and Nevada inflation is up more than 3.5 percent compared to a year ago.
“One year later Americans are still paying the price: at gas stations, grocery stores and in their monthly bills. While extreme Democrats like Dina Titus, Susie Lee and Steven Horsford pat themselves on the back, everyone else is rolling their eyes.” – NRCC Spokesperson Ben Petersen