Political Quotes

“I thank my colleague for yielding. This is such a huge problem. There are so many different paths we could go down with this discussion. It is so big of a crisis that it is almost impossible to get it all articulated well within one Special Order series. Madam Speaker, late last month, the CBO released its ``May 2022 Budget and Economic Outlook.'' This is the first time the CBO has produced a baseline that properly incorporates the runaway, destructive inflation that is ripping through our economy today. According to the CBO report, inflation is not going anywhere anytime soon except up. This is a dramatic change from the insistence of the President, the Treasury Secretary, and my Democrat colleagues that inflation is merely transitory and is nothing to worry about. They are, in fact, so out of touch that they have begun to change their narrative. They now claim that Americans are financially prepared--get this--financially prepared to weather $5 a gallon gasoline, skyrocketing energy costs, and grocery prices that would have been unthinkable just 18 months ago. Now, I am not sure what Americans they are talking to, but they are not talking to Americans who live in Appalachia where I live--seniors who live on fixed incomes and others who struggle to make ends meet in this high inflationary period. But inflation is not just a sticker- shock sensation. It will have ripple effects throughout the economy.…”