Political Quotes

“I rise today to discuss yet another of the consequences of President Biden's policies, and that is that prices are going up, the price hikes. Families in West Virginia and across our Nation are struggling because the policies and priorities of these past 2 years have made essential items and goods seemingly unattainable. Whether it is gas, goods or services, energy prices, utility costs, small business expenses, owning a home, or simply affording to put food on the table, American families are squeezed at every turn. According to the nonpartisan Congressional Budget Office, prices have risen 13.7 percent since President Biden took office. A recent report from the Heritage Foundation found that because of that staggering rise, the average American family has $7,400 less in their pocket at the end of the year. This is a timely topic today because the Federal Reserve has just announced the eighth consecutive interest rate hike they have had to deploy in order to curb this administration's 2-year spending spree which is fueling our high-inflation economy. But an interest rate hike--once reserved as a measure that sends a direct signal to policymakers--is just another Wednesday in this President's America. Chairman Powell warned last August that the continued interest rate increases and inflationary pressures would bring ``pain to households and businesses.'' And, boy, does that ring true today.…”