Iowa Democrats’ reckless spending isn’t reducing inflation

August 15, 2022

Cindy Axne, Liz Mathis, and Christina Bohannan have all come out in strong support of the “Inflation Reduction Act.”

But CBS reports this reckless spending bill doesn’t actually do anything to reduce inflation.

What the bill does include:

  • A $7,500 tax break for wealthy families to buy luxury electric cars
  • Massive tax hikes on the middle-class
  • Funding for an army of 87,000 IRS agents to harass middle-class families

NRCC Comment: “This bill does nothing to fight inflation. Iowa Democrats are sending an army of IRS Agents after middle-class families to pay for special tax breaks for the rich.” ­– NRCC Spokesman Mike Berg