More inflation on the way

Reason: "The 'Inflation Reduction Act' Won't Actually Reduce Inflation" - "But it will hike taxes, including on Americans earning less than $200,000 annually."

"The impact on inflation is statistically indistinguishable from zero," concluded the Penn Wharton Budget Model (PWBM), a number-crunching policy center based at the University of Pennsylvania. In fact, if the bill's passage had any impact on inflation in the short term, it would be to increase it very slightly until 2024, according to the group's preliminary analysis, released on Friday.

It's almost like they're passing it to say "we did something."