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Economy

Chuck Schumer Argues Spending Trillions Will ‘Ease Inflation Pres­sures’

J. Scott Applewhite/AP Photo

WENDELL HUSEBO

Breitbart

Senate Majority Leader Chuck Schumer (D-NY) will release a report Wednesday that argues spending trillions will “ease inflation pres­sures.”

The report, written by Moody’s chief economist Mark Zandi, claims inflation worries are “overdone,” because “much of the additional fiscal support … is designed to lift the economy’s longer-term growth potential and ease inflation pres­sures,” according to Axios.

Click the link below to read the rest of this story.

https://www.breitbart.com/economy/2021/07/21/chuck-schumer-argues-spending-trillions-will-ease-inflation-pres%C2%ADsures/

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