On the recordNovember 17, 2021
Madam Speaker, I yield to the gentleman from California (Mr. LaMalfa). Mr. LaMALFA. Madam Speaker, I rise tonight as we talk about this issue with our upcoming Thanksgiving holiday, expected, of course, to be the most expensive meal in the history of that holiday. This is more proof that the Democrats are driving up inflation with their spending policies. Spending piles of dollars does not create an economy, it actually hurts the value of the dollars. USDA's Turkey Market News Report showed the price of turkey itself is going to be up 22 percent from last year. Pumpkin pie, potatoes, cranberries, all up in price. Inflation, of course, is the most regressive of actual taxes on the people because it hits those on a fixed income the hardest. Low and middle-income have tough decisions to make on whether it is going to be--how they are going to handle their food costs and upcoming heating oil and gas to stay warm this winter. Democrats have been touting that they will tax billionaires and the rich and corporations but, instead, we have seen them advocating for policies that lead to inflation, directly harming those low and middle- income Americans, as well as making tax breaks for the rich while they are touting them. Congress cannot spend its way out of a problem, as some in the administration have suggested. It would only make the issue worse.…





