On the recordDecember 17, 2025
after Mayor Mamdani was elected in New York City, the word ``affordability'' became all the buzz among the political classes and among the media as if this were something new. Obviously, affordability is not something new. It has, actually, always been the most important issue that voters and my constituents in Texas and Americans, generally, have felt was important because, of course, it deals with their quality of life and their standard of living. It has always been an important issue. But, a year ago in November, the American people delivered a clear message that the Biden administration, which presided over 40-year high inflation, was taking the country in the wrong direction. President Trump received the electoral vote and the popular vote, and he won every swing State. Republicans secured majorities in both the House and the Senate. This year, it has been up to the Republicans to course-correct. One of the most significant factors that has guided us is the need to address the burden of rising costs on everything: inputs into farming and ranching and the cost of commodities--food on the kitchen table. All of these are very real and important and urgent issues that we have tried to address, and there is more we can and should do. But, under President Biden, the country experienced, as I said, historic levels of inflation not seen since Jimmy Carter was President of the United States.
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