"They got higher prices and lower real wages."
"Interest rates are continuing to rise under this Administration."
"We have seen gas prices surge to 109 percent above since Joe Biden took the oath of office."
"This is why we need answers from the Administration."
"It has been over 15 months since the $2 trillion American Rescue Plan, as I refer to it as the Biden bailout bill, was signed into law, sparking the highest inflation in 40 years."
"The Budget and Economic Outlook released by the Congressional Budget Office yesterday shows the impact of one-party Democrat rule in Washington over the past year."
"So that is not a deficit reduction. And Biden's $2.78 trillion deficit in 2021 was the second highest in the history of America, driven in large part by his unpaid for $2 trillion American Rescue Plan..."
"The story this baseline tells us is a story of one-party Democrat rule in Washington."
"President Biden's strategy of blaming inflation on a new villain every month is failing."
"It's been over 1,400 days since we marked up a budget resolution in this Committee."
"Inflation has risen 11 percent since President Biden took office and it continues to run at a 40-year high."