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% 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 Don Davis, Wiley Nickel and Jeff Jackson supported it and North Carolina inflation is up more than 3.4%.
“On year later Americans are still paying the price: at gas stations, grocery stores, and in their monthly bills. While extreme Democrats like Don Davis, Wiley Nickel and Jeff Jackson pat themselves on the back, everyone else is rolling their eyes.” – NRCC Spokeswoman Delanie Bomar