On the recordJuly 19, 2022
These appropriations bills are not going to make inflation worse. It is a bad-faith argument. Inflation is bad. It is eating away at family paychecks not just here in America but all across the globe. My colleague cited the recent inflation figures here in the U.S.-- they are worse overseas. The economic shocks in supply chain disruptions caused by the pandemic and then exacerbated by Russia's invasion of Ukraine are hitting hard--yes, here at home and all across the world. There are things that we are doing to bring those prices down, and economic indicators show that prices are starting to come down. It doesn't deny the real pain that we are all feeling right now. Second, which spending would he have eliminated? Would it have been the funding to develop vaccines and therapeutics? Maybe the funding to keep people in their homes during the pandemic? Would it be the funding that supported small businesses over the last several years, or maybe it is just the paycheck protection funding? I think it is a hollow argument, and I think it is also worth noting that we are not seeing any alternative solutions. Madam Speaker, I yield 2 minutes to the gentlewoman from North Carolina (Ms. Ross), a distinguished member of the Rules Committee.
