On the recordAugust 10, 2021
inflation is out of control. Very few seem to be willing to talk about it, much less address it. Now, look, it hasn't been this bad since the great recession. Even then, only two of the months out of that entire crisis were as bad or worse than inflation is right now, and it is showing up in every consumer product Americans buy. Everything from groceries to gasoline, to housing, to healthcare is getting more expensive. Every dollar that we churn into the economy, that we print out when we don't have it, makes these and all other products more expensive. Let's be clear. The spending is facilitated by this budget resolution, and that same spending will exacerbate inflation. It will worsen the pain that Americans are feeling as they are filling their gas tanks and stocking their pantries and refrigerators. When inflation is surging, we can't be piling onto the problem. We are not elected to make life worse. We need to get inflation back under our control. This simple amendment would empower Congress to do that by making it harder for Congress to increase spending whenever inflation is above 3 percent. The PRESIDING OFFICER. The junior Senator from Vermont.





