The economy has come a long way in recovering from the pandemic, with job growth still very strong, but people across the country are struggling from unusually high inflation. Thankfully, there are signs inflation is easing, such as gas prices coming down significantly in recent weeks. And now, a recent compromise negotiated in the United States Senate will address inflation and some of the biggest costs facing families. The Inflation Reduction Act is landmark legislation that will lessen inflation and lower the costs of energy, prescription drugs, and health care premiums for millions of Americans. It will do all of this while also cutting the deficit and making the tax code more fair.
The above excerpt was originally published in Heartland Signal.
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