I am pleased to rise today and join my colleagues from West Virginia and Mississippi, and I join them to, once again, call attention to the disastrous effects of President Biden's price hikes and his policies. Americans are facing soaring inflation that has not been seen in generations. Price increases families are seeing at the grocery store, at the pump, in monthly electric bills, and for basic housing needs have far outpaced wage gains and left Americans struggling to make ends meet. The numbers speak for themselves. In 2022, annual average inflation reached 8 percent, the highest level in 40 years. Rather than working to solve the problem, the Biden administration seems set on making it worse. You don't need to look any further than your kitchen to find the latest example. In 2022, the food-at-home price index, which measures grocery prices, rose 18.6 percent--18.6 percent--reaching heights not seen since the Carter administration. This rise in food prices is directly related to increases in the cost of production faced by our hard-working farmers and ranchers. These increases are driven by the Biden administration's continued regulatory overreach, failure to empower our domestic energy producers, and failed economic policies. Our producers are facing increased prices for diesel fuel, fertilizer, and for crop protection products, and more. New regulations from this administration threaten to drive up the cost of production even further.…
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