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Joe Biden Plans Celebration of “Inflation Reduction Act” then Inflation Rate Comes in Higher than Expected at 8.3% Annual Rate — Markets Crash

The August inflation rate came in this morning hotter than expected at 8.3%.

Joe Biden and Democrats were planning to celebrate their “Inflation Reduction Act” Tuesday at the White House.

Democrats blew another $700 billion in a green energy spending bill and called it the “Inflation Reduction Act” in August.

Democrats believe spending billions reduces inflation.

Inflation is still surging in the US.

US markets are down 850 points following the news.

Joe Biden called this “progress.”

The post Joe Biden Plans Celebration of “Inflation Reduction Act” then Inflation Rate Comes in Higher than Expected at 8.3% Annual Rate — Markets Crash appeared first on The Gateway Pundit.