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Mike Garcia: “I introduced an inflation Prevention act, which basically…”

Featuring: Mike Garcia, Republican | Former U.S. House, California, District 27

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Mike Garcia Town Hall 06AUG24

Published | Video Starts at 22:09

We can't afford to pay for anything. I've got a chart that illustrates all of that. I introduced an inflation Prevention act, which basically says any time that the year over year inflation rate is above four and a half percent, Congress cannot introduce legislation that actually increases discretionary spending. Okay. And that would have fixed our problem. We'll talk about it here in a second. Minus the Inflation Prevention act, which actually would have helped to prevent inflation. (22:09–22:27)

CLAIM

Asserts that the Inflation Prevention Act would restrict Congress from increasing discretionary spending if inflation is above 4.5%.

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