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Guest Commentary: Reconciliation bill will raise taxes, fuel economic uncertainty

When Democrats passed their first partisan $1.9 trillion reconciliation bill early last year, even liberal economists warned it would trigger inflation. Prices at gas stations and grocery stores have climbed ever since. The average household in my state of Iowa has seen its monthly living expenses increase by $669 since January 2021. Iowa State University released a report showing inflation has caused the equivalent of a 33% cut to rural disposable incomes.

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