
Claim: “Here’s the deal. Moody’s today went out—Wall Street firm, not some liberal think tank—said if we pass the other two things I’m trying to get done we will in fact reduce inflation. Reduce inflation. Reduce inflation,” Joe Biden said of his $4 trillion of proposed spending at a live CNN town hall Wednesday night.
Verdict: False. The Moody’s report, put together by a Democrat economist, did not say Biden’s plan would reduce inflation.
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