Political Quotes

“what the senior Senator from Iowa just said is exactly right, and unfortunately, the Biden inflation tax increase is real, and it is already here. We warned about it earlier this year when our friends on the Democratic side decided to spend almost $2 trillion that was unnecessary, and here it is. Just the other day, consumer prices increased by 5.4 percent. This represents the largest year over year price surge since 2008. It is a tax increase on every American consumer. And then today, even worse news, the producer price increased 7.3 percent. We are in an inflation problem. It is caused by this unnecessary spending spree that we have been on this year. We have known about it--now, we see the statistics--because we felt it at home. And the senior Senator from Iowa mentioned what he was hearing during the break. Mississippians are paying more for a tank of gas, for a gallon of milk. They are paying more for a new home, for a used car. Used car prices have shot up by 10 percent since May and by 45 percent since June of last year--used cars, up by 45 percent. That is real inflation, and it affects real working Americans. The hard reality is that our economy is now saturated with a tsunami of spending unleashed by the Democratic majority back in March, when party leaders abandoned what has been a balanced and bipartisan approach in the year 2020 to COVID relief.…”