[Congressional Record Volume 167, Number 106 (Thursday, June 17, 2021)]
[House]
[Page H2913]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                            BIDEN INFLATION

  (Mr. THOMPSON of Pennsylvania asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. THOMPSON of Pennsylvania. Mr. Speaker, I rise to address the 
hidden tax that is plaguing hardworking Americans. This hidden tax is 
inflation.
  Under President Biden, we have seen the largest spike in 13 years, 
with consumer prices surging 5 percent in May. Core inflation rose at 
its fastest pace since 1992.
  American families are being forced to pay more for the products that 
they need. Gasoline is 56.2 percent more expensive today than 12 months 
ago. Transportation services have increased 11.2 percent. Together, 
food and energy prices have increased 3.8 percent. Even used cars and 
truck prices have increased 29.7 percent.
  Yet, Democrats rammed through a trillion-dollar package that is 
crushing small businesses and hurting hardworking American families by 
incentivizing Americans to stay at home and not get back to work. We 
are currently down 7.6 million jobs from our pre-pandemic levels. Our 
inflation is rising because of President Biden's far-left tax-and-spend 
proposals.
  Americans cannot afford the Biden inflation tax. We know wasteful 
government spending will not solve this crisis, no matter how many 
times President Biden and the Democrats propose it.

                          ____________________