FreedomWorks Statement in Response to January CPI Report

WASHINGTON, D.C. — In response to the January Consumer Price Index (CPI) report that showed that inflation came in at a higher than expected 6.4 percent, slowing only 0.1 percent from December 2022,  Adam Brandon, FreedomWorks President, commented:

“Americans are entering a third year of high inflation that does not appear to be going anywhere anytime soon. 

“As Congress gears up for a fight over raising the debt limit in the coming months, House Republicans in their new majority need to make good on their campaign promises to rein in reckless spending. House Republicans must achieve spending cuts in return for any debt limit increase. Decades of bipartisan reckless spending has no doubt contributed to the stagnant, high inflation American families are struggling with.”