FreedomWorks Statement in Response to September 2022 CPI Numbers

WASHINGTON, D.C. — In response to the report by the Bureau of Labor Statistics (BLS) that shows that the consumer price index (CPI) rose 0.4 percent in the month of September 2022. This means that inflation increased at twice the rate that experts predicted. Adam Brandon, FreedomWorks President, commented:

“Americans can’t get any relief from rising prices, but Biden just doesn’t seem to care. Lax monetary policy and reckless spending by Democrats has no doubt put us in the position we are today, with core inflation at its highest in 40 years. If this month’s report is any indicator, stagnantly high inflation is not going anywhere soon.”

“With the national debt hitting $31 trillion last week, Biden and Democrats are no doubt responsible for the mess the American economy is in today. But what will Republicans, who seem primed for a big night on November 8, do to address rampant inflation? Will they follow through on their promises to cut spending in the majority? Or will they once again betray the trust of American voters and continue to burn money at the expense of the taxpayer? Whatever they do, the American people will take note.”

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