Political Quotes

“Mr. President, the American people are hurting. Inflation has soared to the highest we have seen in 40 years, and the Consumer Price Index is now 9.1 percent. Americans are seeing increased prices on everything from the grocery store to the gas pump. Gas prices have gone up $2.25 a gallon just since the President took office. Diesel prices since this administration took office are up $2.81--that means 60 percent more since President Biden took office. The cost of food is up more than 12 percent. We not only have inflation, we have our economy stagnating as well-- stagflation. It is something we haven't had since the late 1970s, early 1980s. We have the resources and the capabilities to reduce that inflation to address the stagnation. This tax-and-spend bill is not the way to do it. I ask that we return this to committee and come up with a plan that will actually get our economy going and reduce inflation. I ask for support on this motion. The PRESIDING OFFICER. The Senator from Oregon.”