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Poison Pill? Why Dems' Inflation Reduction Act May Become GOP Headache Ahead of 2024 Election_我的网站

A |     中新社大连8月26日电 题：大连汇聚亚太声音 全球目光聚焦APEC“中国年”          　　中新社记者 周昕          　　8月17日至28日，2026年亚太经合组织(APEC)第三次高官会及相关会议在辽宁省大连市举行。中方此前介绍，此次会议是出席人员规模最大、活动场次最多的一次高官会。亚太目光聚焦滨城，2300余名代表在此推动APEC框架下各领域、各机制达成更多合作成果，为11月APEC第三十三次领导人非正式会议做好准备。         　　今年11月18日至19日，APEC第三十三次领导人非正式会议将在深圳举行。这是中国第三次，也是时隔12年再次担任APEC东道主。

B |     "It’s pretty clear that no one on either side of the aisle think the name-switch to 'Inflation Reduction Act' has anything to do with the idea that the legislation is designed to reduce inflation," explained Michael R. Englund, principal director and chief economist for Action Economics.,"I think US politicians are increasingly resigned to the view that neither side is able to change public opinion, so the goal is simply to push through their agendas and raise funds for elections. The title change made Manchin’s vote a smidgeon easier, and maybe that tipped the scales.",The newly signed law levies a 15% minimum tax on large corporations and offers tax credits and discounts on everything from electric cars to solar energy. It also looks to cap out-of-pocket drug costs and reduce the federal deficit by $305 billion over roughly the next decade, according to the Congressional Budget Office (CBO). However, despite its name, it does not offer an immediate curb on inflation which still stays at a 40-year high in the US.,When asked by Fox News reporter Hillary Vaughn whether the bill will immediately have an impact on galloping prices, Democratic Senator Joe Manchin responded, "Well, immediately it’s not. We've never [said] anything would happen immediately, like turn the switch on and off.",Americas‘Addicted to Spending Your Money’: US Republican Slams Democrats Over Inflation Reduction ActYesterday, 15:26 GMT,The bill was passed by the Senate on August 7 in a party-line vote using budget reconciliation, which allowed the Dems to ram the legislation through the upper chamber with a simple majority rather than needing to meet a 60-vote threshold. None of GOP lawmakers voted for the bill and remain highly skeptical about it.,"It does nothing to bring the economy out of stagnation and recession, but rather, the Inflation Reduction Act of 2022 gives us higher taxes, more spending, higher prices and an army of IRS agents,” said Senator Mike Crapo of Idaho, the top Republican on the Senate Finance Committee, as quoted by National Review.,The media outlet further cites an independent analysis performed by the University of Pennsylvania Wharton School which stated that despite its name, the bill’s impact on inflation is "expected to be statistically indistinguishable from zero.",Furthermore, GOP lawmakers have repeatedly warned that the Biden administration's spending spree may further facilitate already soaring inflation. Meanwhile, the latest $739 billion measure comes after the passage of the Democratic Party's $1.9 trillion spending bill in March 2021 and a $1.2 trillion bipartisan infrastructure spending bill in November 2021.,"Raising taxes and spending is doing the exact opposite of how to truly curb price inflation," said Tom Luongo, a financial and political commentator. "All they did was mandate a bunch of price controls (on drugs, for example) which will ultimately create shortages for things with inelastic demand, further exasperating existent cost-push inflation pressures. Price floors and price ceilings create shortages. The net effect will be higher prices. With the government now more openly subsidizing specific sectors of the economy, they will ensure an increase in demand while capping the supply.",GOP Lawmakers Blast Biden’s ‘Inflation Reduction Act’, Say It Will Make Inflation Worse7 August, 19:05 GMT,Dems Need the Law to Campaign in Midterm Elections,According to the observers, the bill's major purpose is to reinvigorate the Democratic Party's base ahead of the November midterm election and stop Joe Biden's approval rating slide. A Politico-Morning Consult poll released on Wednesday indicated that the US president's approval rating ticked up 3 percentage points after the passage of the Inflation Reduction Act. At the same time, the number of registered voters who disapproved of Biden's job performance dropped from 59% to 56%.,"[The law] will give the Democrats something to campaign on," said Luongo. "They can now point to this act and say, 'See! We care about your drug prices but pay no attention to the insane rise in price of food, rent, gas and taxes… or those 87,000 armed IRS agents now being trained to take your couch money'.",However, "the net impact of the bill is that it may modestly boost Democrat turnout in November, and it may modestly boost Democratic fundraising," projected Englund, adding that "this comes at the risk of some modest boost for Republican turnout and fundraising that negates the benefit.","I’m not sure that, overall, the legislation is impactful enough to ultimately change the likely November electoral outcome," the economist said.,Still, there is more to the Inflation Reduction Act than meets the eye, according to Luongo: the financial commentator believes that "in the long run, this bill is a poison pill.","[The law] is designed to ensure inflation returns with a vengeance while the GOP is in power so that they can campaign on that in 2024. Honestly, it’s just so tiresome," Luongo concluded.。

C |                         　　纵观全年，从中方在广州、上海和大连举行高官会，到在多地举办的部长级会议等，各领域合作扎实推进，汇聚了一系列收获。         　　南开大学APEC研究中心主任刘晨阳介绍，APEC高官会对上承接领导人会议与部长级会议部署，对下联动各专项工作组落地落实，是全年合作成果成型的关键环节。

D | 大连第三次高官会形成的共识与研讨，将为研判重点成果提供参考方向，亦是观察APEC进程的关键时间节点。         　　刘晨阳进一步指出，大连辐射东北亚，是中国面向亚太地区开放的重要窗口。依托老工业基地产业基础，大连可充分展示传统产业与人工智能等新赛道融合的转型成果，为亚太产业创新合作提供实践参照。         　　中国社会科学院亚太与全球战略研究院研究员许利平认为，三座举办高官会的城市分别依托粤港澳大湾区、长三角地区、东北老工业基地优势，彰显了中国全方位深化亚太合作的姿态。         　　当前，地缘政治冲突、贸易保护主义等挑战交织叠加，世界经济复苏持续承压。         　　“APEC作为亚太经济合作的主渠道，其发展正是依托亚太经济在全球经济体系中的重要地位。”刘晨阳说，亚太区域合作乃至全球多边合作面临不进则退的局面，需要有效的平台或组织采取开放合作的务实举措，这正是当前APEC应当承担的功能。         　　许利平指出，APEC作为对冲逆全球化、弥补全球治理赤字的重要平台，可为各经济体搭建优势互补、互利共赢的沟通桥梁。         　　今年恰逢中国加入APEC35周年，中国将“建设亚太共同体，促进共同繁荣”确定为2026年办会主题，并提出“开放、创新、合作”三大优先领域。         　　刘晨阳表示，从亚太命运共同体理念，到北京APEC“共建面向未来的亚太伙伴关系”，再到近年来四大全球倡议的提出，中方关于全球发展和治理的理念正不断融入亚太合作进程。         　　受访专家表示，APEC“中国年”系列活动将为区域经济一体化注入新动能，也为全球经济稳定复苏贡献亚太力量。(完) 【编辑:蔡星雨】。

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