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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.

Chairman Smith: No End in Sight to Biden’s Cost-Of-Living Crisis

September 13, 2023 — Bidenflation

WASHINGTON - House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index showed prices rising 17.4 percent since President Biden took the Oath of Office and inflation rising again for the second month in a row: “The Democrats’ ...

Chairman Smith: Biden Bankrupting Families While Bankrupting America

August 10, 2023 — Bidenflation

WASHINGTON, D.C. — House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index showed topline inflation accelerating for the first time in 13 months and prices rising 16.9 percent since Joe Biden became President:

Chairman Smith: Democrats’ Inflation Mess Pickpocketed Families. Republicans Are Acting to Put Money Back Into Their Pockets.

July 12, 2023 — Bidenflation

House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the June Consumer Price Index report showed prices continuing to increase at a high rate with core inflation increasing 4.8 percent year over year and the broader measure still substantially above the Federal Reserve’s target rate of 2 percent:  

With Inflation Continuing to Hammer Families and Small Businesses, Ways & Means Committee Is Taking Action to Provide Relief

June 13, 2023 — Bidenflation

WASHINGTON, DC – As the Ways and Means Committee takes up the American Families and Jobs Act today to provide families and small businesses relief from Democrats’ inflation crisis, new data from the Consumer Price Index (CPI) shows prices have increased 15.5 percent since President Biden took his Oath of Office and Democrats began their massive spending spree. The need for ...