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Manchin Admits Inflation Reduction Act Won’t Immediately Reduce Inflation

August 17, 2022

Sen. Joe Manchin (D-W.Va.) said Tuesday that the Inflation Reduction Act that he voted for, which was touted as a way to reduce inflation, won’t “immediately” reduce inflation.

In a letter to the Congressional Budget Office on July 28, Sen. Lindsey Graham (R-S.C.) asked what impact the Inflation Reduction Act will have on inflation this year and next year.

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