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Bidenflation

From denying inflation and claiming it was “temporary,” to passing the buck with “Putin’s Price Hike,” the White House and congressional Democrats are out of touch with the challenges Americans face. The typical family now has to spend $450 more per month to buy the same goods and services they did a year ago, prompting more Americans to rely on loans and credit cards to make ends meet, even as the Federal Reserve makes borrowing more expensive.

Smith: Congress Must Confront Joe Biden’s Inflation Mess 

January 12, 2023 — 'Inflation Reduction Act'

WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index showed prices remaining at a 40-year high of 6.5 percent, with overall prices having risen 13.9 percent since Joe Biden became President: “President Biden and Washington Democrats created a vicious cycle of deficit spending leading to ...

Dems Refuse Relief for Families and Economic Growth in Year-End Spending Bill

December 22, 2022 — Bidenflation

In lieu of additions that would have provided relief in President Biden’s cruel economy, Democrats doubled down on more reckless spending in their year-end spending bill, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) said on “Kudlow” on Fox Business in a conversation with Larry Kudlow. “This spending is on top of $3 trillion more that Democrats approved above ...

Brady: Household Wealth Declined for Third Consecutive Quarter This Year

December 14, 2022 — Bidenflation

American families are getting a cruel gift in President Biden’s economy ahead of the holidays, with new reports from the Joint Economic Committee showing the average American household will pay an extra $9,000 in the coming year because of Biden-Flation over the last two years, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) said on the “Guy Benson Show” ...

Brady: Inflation Still Raging One Year After Biden Said It Peaked

December 13, 2022 — 'Inflation Reduction Act'

After the Bureau of Labor Statistics reported in its November Consumer Price Index (CPI) that inflation rose at 7.1 percent from the previous year, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement: “So much for President Biden’s claim that inflation peaked one year ago – grocery prices rose by 12 percent ...

Biden Launches Trade War Over Green New Deal Policies, Harming Consumers

December 07, 2022 — Bidenflation

President Biden’s disastrous Green New Deal policies are stoking a trade war with key U.S. allies and will only result in skyrocketing energy costs, slowing economic growth, and a decrease in investment for American businesses. American families are already suffering in President Biden’s cruel economy, but the Biden Administration’s taxpayer-funded Green New Deal ...