Madam Speaker, I strongly support this amendment, and I thank my fellow Science, Space, and Technology Committee member, Representative Young Kim, for first authoring this policy. According to a recent Gallup Poll, 79 percent of Americans expect inflation to continue to rise over the next 6 months. Inflation isn't an abstract concept. Americans across the country are feeling the pinch every day at the grocery store, the gas pump, and everywhere else as they buy goods to support their families. The Consumer Price Index reported earlier this year that inflation soared to a record level of 7 percent in 2021, and it only continues to grow with Democrats' wasteful spending sprees. The underlying bill we are considering today just continues that dangerous pattern of reckless spending. Instead of focusing on the targeted bipartisan investments in basic research that would help America excel in competition against China, the underlying bill is filled with partisan slush fund spending. We need to address the inflation crisis, and it should be top of mind whenever we consider massive spending bills. This is why I strongly support this amendment, which directs the National Science Foundation to commission a study on the impacts of inflation on the American people, our international competitiveness, our underserved and rural communities, and our future generations. As the U.S.…
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