John Rose said "Tomorrow is Leap Day, which means the folks I represent in Tennessee will be subject to an extra day of the disastrous economic policies of the Biden administration that have resulted in record-high inflation and an unaffordable cost of living. Look no further, Mr. Speaker, than a recent report that said December was the least affordable month on record to own a home, as home prices hit an all-time high. December marked the 11th straight month of higher home prices and a 5 percent increase in prices over the entire year. Coupled with higher interest rates, thanks to the Biden administration's reckless deficit spending, the American Dream of owning a home is quickly evaporating. However, Mr. Speaker, I am committed to passing policies that make purchasing and owning a home more affordable and lowering the cost of living for the average American and the Tennesseans that I represent. ___________________

On the recordFebruary 28, 2024

Tomorrow is Leap Day, which means the folks I represent in Tennessee will be subject to an extra day of the disastrous economic policies of the Biden administration that have resulted in record-high inflation and an unaffordable cost of living. Look no further, Mr. Speaker, than a recent report that said December was the least affordable month on record to own a home, as home prices hit an all-time high. December marked the 11th straight month of higher home prices and a 5 percent increase in prices over the entire year. Coupled with higher interest rates, thanks to the Biden administration's reckless deficit spending, the American Dream of owning a home is quickly evaporating. However, Mr. Speaker, I am committed to passing policies that make purchasing and owning a home more affordable and lowering the cost of living for the average American and the Tennesseans that I represent. ____________________

Said by

John Rose

Republican · Vermont

Source

govinfo.gov

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