Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I think we need to remember why we faced inflation in the first place. We need to remember that this country and the world faced down a pandemic that threatened to destroy our economy. Let's go back to those dark days when we moved from the Trump Presidency to the Biden Presidency. Our businesses were closed. Our Main Streets were going to fall apart. Our city, local, and State governments were worried about whether they would be able to keep people on the payroll. The Democrats passed the American Rescue Plan, and we did rescue the economy indeed. I go to my working-class district because my entire district is like that. That is my family. I come from those roots. I speak to those people on a regular basis. Every town I go into, I look at the number of loans, the PPP, the Restaurant Revitalization Fund, the Shuttered Venue Operators Grant, and they are open now. Those communities are thriving because of the work we did. That was not the reason we saw inflation. Mr. Speaker, I ask unanimous consent to include in the Record an article from the Federal Reserve Bank of Kansas City Economic Review. The SPEAKER pro tempore. Is there objection to the request of the gentlewoman from New Mexico? There was no objection. [From the Federal Reserve Bank of Kansas City] How Much Have Record Corporate Profits Contributed to Recent Inflation?…”