President Joe Biden acknowledged at a campaign event in Utah that the Inflation Reduction Act signed last year didn't actually have much to do with reducing inflation.
"I wish I hadn’t called it that," Biden said at the event in Park City Utah, according to the press pool report. "It has less to do with reducing inflation than it does providing for alternatives that generate economic growth."
[Source.](https://justthenews.com/politics-policy/biden-says-inflation-reduction-act-didnt-have-much-do-reducing-inflation)
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President Joe Biden acknowledged at a campaign event in Utah that the Inflation Reduction Act signed last year didn't actually have much to do with reducing inflation.
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"I wish I hadn’t called it that," Biden said at the event in Park City Utah, according to the press pool report. "It has less to do with reducing inflation than it does providing for alternatives that generate economic growth."
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