With prices rising faster than paychecks and causing major financial strain for American families, the Biden Administration proposed more government spending including Biden Bucks “gas cards” sent by the IRS.
- Even some Democrat officials worry Biden Bucks “gas cards” could “worsen inflation” without lowering costs, according to Axios.
- Economic experts have already cited Democrats’ existing policies like monthly stimulus checks and unemployment bonuses have increased inflation, and discouraged Americans from returning to work.
- This would also add more to the IRS’s mission, when other new initiatives led to the agency’s backlog of more than 20 million tax returns.
If Democrats wanted to get serious about addressing 40-year high inflation and the skyrocketing price of gas, then they should: