Virginia Foxx: “It is no wonder the American people believe that Washington is out of touch. Last week President Biden held an event on…”

“It is no wonder the American people believe that Washington is out of touch. Last week President Biden held an event on the White House lawn to celebrate the so-called Inflation Reduction Act. He took a victory lap in front of the entire country alongside his allies on live television. But, Mr. Speaker, do you know who was not celebrating with President Biden? Hardworking taxpayers and their families who are being pummeled by the President's inflation catastrophe and inflation tax. That same day, new numbers were released showing that inflation continues to surge. Mr. Speaker, President Biden couldn't read a room if he tried. The rising cost of goods and services will cost the average American household over $700 a month. When added up, that is over $8,000 that they will be forced to fork out in a year. Grocery prices are up 13.5 percent, and food prices are up 11.4 percent since last year. This is the largest 1-year increase in prices since 1979. Mr. Speaker, anyone who believes that these numbers are worth celebrating needs a serious reality check. The Biden administration's fiscal irresponsibility put us in this mess. Come November, Republicans will be the ones to fix it. ____________________”