An independent analysis finds the new energy bill will save households, on average, $1800 per year in energy costs

Experts are divided on the effect on inflation, but some believe inflation will see relief. Another thinks if there is an increase, it would be very minimal.

“meanwhile, a study by the Penn Wharton Budget Model estimated the legislation would “very slightly increase inflation” until 2024 before pulling back. The report released Friday “indicated low confidence that the legislation will have any impact on inflation.”

The Committee for a Responsible Federal Budget (CRFB) said the new measure amounted to the largest deficit reduction bill since 2011, calling it “welcome improvement” with inflation at a 40-year high.

“In the near term, people are going to see their costs go down because lower energy costs and because health premiums aren’t going to rise,” Marc Goldwein, CRFB’s senior director of policy, said on Yahoo Finance Live (video above). “That’s not actually anti-inflationary in itself. But it can be anti-inflationary to the extent that those things are paid for, so they’re not putting more money into the economy, and to the extent that they help with expectation”
Obamacare...the same doctor ...save 2 grand a year in premiums...Progs are stealing money from people who are struggling. No shame.
 

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