On the recordJuly 14, 2021
this past week, we held 12 townhalls back home in my home State of Kansas. We heard from Kansans about a variety of issues, but thanks to this administration's economic policies, runaway inflation has replaced COVID at the top of the mountain of concerns for the people from my State. Make no mistake about it--the inflation harming checking accounts of Kansans and all Americans rests squarely on the shoulders of the socialist economic policies coming out of the White House, otherwise known as Bidenomics. As we all know, yesterday, the Department of Labor reported consumer prices climbed for the third straight month, jumping over 5 percent in June--the largest increase in 13 years. Gas prices are up, groceries are up, cars and truck prices are up, home prices are up, paper products are up, utilities are up, and I could go on and on. Every day, we see the Bidenomics of inflation impacting hard-working Americans. In fact, inflation is a great social injustice. Inflation is really a regressive tax. It hurts everyone but none more than our seniors and young, hard-working families living paycheck to paycheck. So what exactly is Bidenomics? Let's look at what they did to create this crisis. Stating the obvious, they are printing money, borrowing money we don't have, and implementing quantitative easing like there is no tomorrow, like there are no generations of America for our future. Look no further than the cost of utilities.…
Source
govinfo.gov




