WASHINGTON, D.C. With inflation and consumer prices continuing to skyrocket, Democrats in Congress have proposed a brand new Inflation Reduction Act to combat the inflation brought about by the first Inflation Reduction Act. "We are so proud of what we accomplished with the Inflation Reduction Act, but now it's time to address the runaway inflation that came about due to its passage," said Senator Chuck Schumer on the steps of the Capitol this morning. "This new bill, which we've entitled the 'Inflation From The Inflation Reduction Act Reduction Act', will solve the inflation problem. You're welcome, America!"
The gathered press reportedly threw their press badges in the air and cheered the heroism of the noble Democrat Congresspeople.
The Inflation From The Inflation Reduction Act Reduction Act will spend an additional $3 trillion, which is expected to keep the economy from collapsing until after the 2022 midterms. Sources say a third of the funds will go to Ukraine, with the rest going to solar panels in China, Congressional pay raises, and 92 million new heavily armed IRS agents.
At publishing time, Democrats are already looking to next year by drafting the Inflation From The Inflation From The Inflation Reduction Act Reduction Act Reduction Act.