Ag Sec'y Vilsack on Inflationary Pressure from 'Inflation Reduction Act' Spending: The Law's 'Paced'

On Friday's broadcast of CNBC's "Squawk Box," Agriculture Secretary Tom Vilsack responded to a question on if spending in the Inflation Reduction Act will create inflationary pressure by stating that "One of the things that I think is missed about the IRA is the fact that it's paced. It's not as if all this money is all of a sudden showing up in the economy."