WASHINGTON, D.C. — According to Consumer Price Index (CPI) numbers released today, inflation has surged to a new 40 year high, rising 7 percent in just the past year.
“While President Biden spent yesterday in Georgia indulging in voter suppression conspiracy theories as a means to stoke division and advance his radical agenda, reports show that real problems like inflation continue to hurt Americans,” commented Cesar Ybarra, FreedomWorks’ Senior Director of Legislative Affairs.
“This morning’s report of United States consumer prices soaring a record 7 percent is the latest example of the devastating consequences that the largest spending binge in the history of our Republic is having on our economy.”
“Spending and printing money we don’t have has long been the rule in Washington far more than the exception,” Ybarra continued. “Fiscal irresponsibility has enormous repercussions for hard-working Americans watching in real-time as prices of everyday goods skyrocket.”
“It is wholly unacceptable for Americans to go to the grocery store only to be greeted by empty shelves and ever-rising prices. The best thing President Biden and the Democrats can do is abandon their Big Government Socialist Agenda that is hurting so many American families.”
FreedomWorks Letter to Congress in Support of Fiscal Commision Act (H.R. 5779)