Only 12% of Americans Believe Democrat ‘Inflation Reduction Act’ Will Actually Reduce Inflation

Only 12% of Americans believe the Democrats’ “Inflation Reduction Act” will accomplish what its name suggests, according to a YouGov poll released Wednesday.

The survey asked nearly 1,500 Americans between July 30 and August 2 about their thoughts on the new spending package that Democrats are using to resurrect parts of President Joe Biden’s “Build Back Better” agenda. The results showed that most people don’t think the bill will reduce inflation.

“Do you think this bill will increase or decrease inflation?” the survey asked. More than one third of the respondents (36%) said it will increase inflation while only 12% said they think it will decrease inflation. Another 23% said inflation will not change, and 29% were “not sure.”

The poll also gauged where voters stood on the “Inflation Reduction Act” as a whole. A majority (51%) supported the bill that YouGov referred to as a “climate and energy bill,” while 31% opposed and 17% were unsure.