一 | "It’s pretty clear that no one on either side of the aisle think the name-switch to 'Inflation Reduction Act' has anything to do with the idea that the legislation is designed to reduce inflation," explained Michael R. Englund, principal director and chief economist for Action Economics.,"I think US politicians are increasingly resigned to the view that neither side is able to change public opinion, so the goal is simply to push through their agendas and raise funds for elections. The title change made Manchin’s vote a smidgeon easier, and maybe that tipped the scales.",The newly signed law levies a 15% minimum tax on large corporations and offers tax credits and discounts on everything from electric cars to solar energy. It also looks to cap out-of-pocket drug costs and reduce the federal deficit by $305 billion over roughly the next decade, according to the Congressional Budget Office (CBO). However, despite its name, it does not offer an immediate curb on inflation which still stays at a 40-year high in the US.,When asked by Fox News reporter Hillary Vaughn whether the bill will immediately have an impact on galloping prices, Democratic Senator Joe Manchin responded, "Well, immediately it’s not. We've never [said] anything would happen immediately, like turn the switch on and off.",Americas‘Addicted to Spending Your Money’: US Republican Slams Democrats Over Inflation Reduction ActYesterday, 15:26 GMT,The bill was passed by the Senate on August 7 in a party-line vote using budget reconciliation, which allowed the Dems to ram the legislation through the upper chamber with a simple majority rather than needing to meet a 60-vote threshold. None of GOP lawmakers voted for the bill and remain highly skeptical about it.,"It does nothing to bring the economy out of stagnation and recession, but rather, the Inflation Reduction Act of 2022 gives us higher taxes, more spending, higher prices and an army of IRS agents,” said Senator Mike Crapo of Idaho, the top Republican on the Senate Finance Committee, as quoted by National Review.,The media outlet further cites an independent analysis performed by the University of Pennsylvania Wharton School which stated that despite its name, the bill’s impact on inflation is "expected to be statistically indistinguishable from zero.",Furthermore, GOP lawmakers have repeatedly warned that the Biden administration's spending spree may further facilitate already soaring inflation. Meanwhile, the latest $739 billion measure comes after the passage of the Democratic Party's $1.9 trillion spending bill in March 2021 and a $1.2 trillion bipartisan infrastructure spending bill in November 2021.,"Raising taxes and spending is doing the exact opposite of how to truly curb price inflation," said Tom Luongo, a financial and political commentator. "All they did was mandate a bunch of price controls (on drugs, for example) which will ultimately create shortages for things with inelastic demand, further exasperating existent cost-push inflation pressures. Price floors and price ceilings create shortages. The net effect will be higher prices. With the government now more openly subsidizing specific sectors of the economy, they will ensure an increase in demand while capping the supply.",GOP Lawmakers Blast Biden’s ‘Inflation Reduction Act’, Say It Will Make Inflation Worse7 August, 19:05 GMT,Dems Need the Law to Campaign in Midterm Elections,According to the observers, the bill's major purpose is to reinvigorate the Democratic Party's base ahead of the November midterm election and stop Joe Biden's approval rating slide. A Politico-Morning Consult poll released on Wednesday indicated that the US president's approval rating ticked up 3 percentage points after the passage of the Inflation Reduction Act. At the same time, the number of registered voters who disapproved of Biden's job performance dropped from 59% to 56%.,"[The law] will give the Democrats something to campaign on," said Luongo. "They can now point to this act and say, 'See! We care about your drug prices but pay no attention to the insane rise in price of food, rent, gas and taxes… or those 87,000 armed IRS agents now being trained to take your couch money'.",However, "the net impact of the bill is that it may modestly boost Democrat turnout in November, and it may modestly boost Democratic fundraising," projected Englund, adding that "this comes at the risk of some modest boost for Republican turnout and fundraising that negates the benefit.","I’m not sure that, overall, the legislation is impactful enough to ultimately change the likely November electoral outcome," the economist said.,Still, there is more to the Inflation Reduction Act than meets the eye, according to Luongo: the financial commentator believes that "in the long run, this bill is a poison pill.","[The law] is designed to ensure inflation returns with a vengeance while the GOP is in power so that they can campaign on that in 2024. Honestly, it’s just so tiresome," Luongo concluded.。 박성준 "장 대표, 길바닥에서 선동 정치 일삼아"이용우 "징계, 줄세우기로 장동혁 사당만 남아" 장동혁 국민의힘 대표가 26일 오후 서울 여의도 국민의힘 중앙당사에서 당대표 취임 1주년 기자회견을 하고 있다. ⓒ데일리안 홍금표 기자[데일리안 = 김민석 기자] 더불어민주당이 취임 1주년을 맞은 장동혁 국민의힘 대표를 향해 "장동혁 체제 1년, 남은 건 극우 선동과 윤어게인 뿐"이라고 비판했다. 특히 6·3 지방선거 과정에서 불거진 투표 용지 부족 사태에 집중한 장 대표의 모습을 '길바닥 선동정치'로 규정하며 "대한민국 정치에 보수와 야당이 실종됐다"고 날을 세우기도 했다.박성준 민주당 수석대변인은 26일 서면 브리핑을 내어 "장 대표는 극우세력 음모론에 편승해 국회는 내팽개치고 길바닥에서 선동정치를 일삼았다"면서 "연일 망언을 일삼는 이진숙, 김태규 의원 같은 윤 어게인 세력을 공천해 국회를 '윤 어게인의 놀이터'로 만들었다"고 비판했다.박 수석대변인은 "장 대표는 반대파에게는 윤리위원회라는 칼을 휘둘러 숙청 정치를 이어가고 있다. 대한민국 정치에 보수와 야당이 실종됐다"며 "아직 장 대표에게는 1년이라는 시간이 남아 있다. 제1야당으로 본연의 역할을 다해달라"고 촉구했다.이용우 민주당 대변인도 이날 국회에서 브리핑을 열어 "장 대표의 1년은 민심과 함께하는 보수의 새 길은 없고 윤어게인 뿐이었다"고 평가 절하했다.이 대변인은 장 대표의 취임 1주년 기자회견문을 거론하며 "장 대표가 '국민 속으로 들어가 민심과 함께하는 보수의 새 길을 찾겠다'고 공언했는데 지난 1년간 장 대표의 행보는 민심과 거리가 멀었다. 장 대표가 서 있던 곳은 민생의 현장이 아닌 부정선거 음모론이 판치는 현장이었다"고 지적했다.이어 "‘이재명 정부에게 내란 몰이를 당했다'고 말했지만, 실제로는 윤어게인을 선언하며 내란을 옹호했고 보수 쇄신은커녕 극우 세력과 밀착했다"며 "장 대표가 그토록 요구했던 잠실 올림픽공원 투표소 재검표 역시 국민의힘의 몽니로 하염없이 미뤄지고 있다"고 꼬집었다.그러면서 "1년 간 국민의 삶을 챙기기보다는 정치적 갈등과 음모론에 매달리는 모습만 반복적으로 보여줘 국민을 대표해야 하는 공당은 증발했고, 징계와 줄세우기를 통한 '장동혁 사당만 남았다"며 "국회 안에서 민생을 논의하고 대안을 모색하는 책임있는 자세를 촉구한다"고 목소리를 높였다.앞서 장 대표는 이날 오전 서울 여의도 국민의힘 중앙당사에서 취임 1주년 회견을 열고 "이재명 정권이 대한민국을 무너뜨리도록 그냥 놓아둬선 안 된다"며 "2028년 총선에서 과반 승리를 거둬야 한다. 반드시 정권을 탈환해야 한다"고 강조했다.장 대표는 "지금 대한민국은 독재의 마지막 문턱에 있다"면서 "이재명 독재의 문을 열 재판 취소와 연임 개헌 시도를 국민과 함께 반드시 막아내겠다"고 덧붙였다.。
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