Hjnb What options does Biden have to lower gas prices
WASHINGTON AP 鈥?With inflation raging near its highest level in four decades, Congress is poised to approve President Joe Biden s signature Inflation Reduction Act. Its title raises a tantalizing question: Will the measure actually tame the price spikes that have inflicted hardships on American households Economic analyses of the proposal suggest that the answer is likely no 鈥?not anytime soon, anyway.The legislation, which is headed for final approval Friday in the House and will then
stanley cup be signed into law, won t directly address some of the main drivers of surging prices 鈥?from gas and food to rents and restaurant meals.Still, the bill
stanley tumblers could save money for some Americans by lessening the cost of prescription drugs for the elderly, extending health insurance subsidies and reducing energy prices. It would also modestly cut the government s budget deficit, which might slightly lower inflation by the end of this decade.The nonpartisan Congressi
stanley spain onal Budget Office concluded last week that the changes would have a negligible impact on inflation this year and next. And the University of Pennsylvania s Penn Wharton Budget Model concluded that, over the next decade, the impact on inflation is statistically indistinguishable from zero. Such forecasts also undercut the arguments that some Republicans, such as House Minority Leader Kevin McCarthy have made, that the bill would cause inflation, as McCarthy said in a speech on the House floor last month.Biden himself, in speaking of t Ygsa Supreme Court leans toward foreign income tax, defers on wealth tax
Clay Aiken, who came in second place on the second season of American Idol, announced he is running for Congress.Aiken will attempt to replace
stanley thermobecher U.S. Rep. David Price, a Democrat, in North Carolina s 4th District. Price announced last year that he would not seek reelection.Aiken, a Democrat, said he will focu
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stanley mugs g climate change, systemic racism and income inequality. In his first campaign video, Aiken noted the significance of his candidacy. If elected, he would become the first openly gay member of Congress from North Carolina. This is not Aiken s first venture into politics. He ran for North Carolina s 2nd District seat in 2014 but lost to Republican incumbent Rep. Renee Ellmers.
