Home New mexico economy MP Yvette Herrell on the Cut Inflation Act

MP Yvette Herrell on the Cut Inflation Act

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The House is due to vote on the Cut Inflation Act after it passed the Senate last Sunday. KOAT spoke to Rep. Yvette Herrell about inflation in New Mexico. On August 7, 2022, the Senate passed the Inflation Reduction Act. This is something Herrell does not support, one of his biggest concerns is the price. “The biggest concern I have is the volume of, again, almost a trillion dollars of spending,” Herrell said. On the other hand, rep Teresa Leger Fernandez told us last week that she was on board. Leger Fernandez said, “I’m really looking forward to voting on, hopefully in a week or so, the Cut Inflation Act because it’s really going to help bring prices down.” reducing inflation would increase the IRS workforce. Herrell says that shouldn’t be a priority. “Let’s not forget that the bill provides funding for 87,000 new IRS agents. The reality. The reality we live in,” Herrell said. The congresswoman says the people she has spoken to want to see changes that directly impact New Mexicans. “The community wants to see this economy come back. They want to see job inflation come down. They want to see the cost of fuel go down, at the gas pump. They want to see the cost of groceries go down, said Herrell Both Ways Martin Heinrich and Ben Ray Lujan voted to advance the Cut Inflation Act.

The House is due to vote on the Cut Inflation Act after it passed the Senate last Sunday.

KOAT spoke to Rep. Yvette Herrell about inflation in New Mexico.

On August 7, 2022, the Senate passed the Inflation Reduction Act.

This is something Herrell can’t stand, one of his biggest concerns is the price.

“The biggest concern I have is the sheer volume of, again, almost a trillion dollars in spending,” Herrell said.

On the other hand, rep Teresa Leger Fernandez told us last week that she was on board.

Léger Fernandez said, “I’m really looking forward to voting on hopefully in a week or so the Cut Inflation Act because it’s really going to help bring prices down.”

The Inflation Reduction Act would increase the IRS’ workforce.

Herrell says that shouldn’t be a priority.

“Let’s not forget that the bill provides funding for 87,000 new IRS agents. I think the most important thing for Americans and New Mexicans right now is reality. The reality we live in,” Herrell said.

The congresswoman says the people she has spoken to want to see changes that directly impact New Mexicans.

“The community wants to see this economy come back. They want to see employment inflation come down. They want to see lower fuel costs at the gas pump. They want to see the price of groceries come down,” Herrell said.

Both ways. Martin Heinrich and Ben Ray Lujan voted to advance the Inflation Reduction Act.