During Tuesday’s episode of CNN’s New Day, guest John Harwood had some “breaking news” for anchors John Berman and Brianna Keilar —the Inflation Reduction Act won’t actually reduce inflation. Harwood says the name was a marketing trick to get West Virginia Senator Joe Manchin on board. “They call it the Inflation Reduction Act as a marketing device in part to lock down the vote of Joe Manchin. To reassure Joe Manchin that they were focused on his issue,” Harwood claimed. If it does anything, it might reduce inflation a tiny, tiny bit.

Source: Fox News August 16, 2022 19:14 UTC