[Congressional Record Volume 167, Number 126 (Monday, July 19, 2021)]
[House]
[Page H3660]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RISING INFLATION HURTS US ALL
(Mrs. BICE of Oklahoma asked and was given permission to address the
House for 1 minute.)
Mrs. BICE of Oklahoma. Madam Speaker, I rise today to address the
ongoing economic crisis our Nation is facing.
Study after study has found that the Democrats' budget proposals
attack every part of our economy, from gas prices to groceries to
middle-class workers and small businesses. Americans are struggling to
make a living.
Gas prices have skyrocketed to $3.15 per gallon, the highest price
for a gallon of gasoline since 2014 and a 42 percent increase from last
year. As we continue to fall back into pre-pandemic routines, families
hoping to travel this summer can't afford the rising prices for fuel.
I am also deeply concerned by the rising costs of everyday
necessities. Over the past year, consumer prices have shot up 5.4
percent, reflecting the biggest increase since 2008, which was the last
economic crisis the United States faced.
The bottom line is that hardworking American families cannot
withstand the negative impacts of rising inflation. As long as this
administration continues to spend trillions of dollars on failed
policies, Americans will be left to foot the bill. I will continue to
fight to ensure Oklahoma families and businesses do not suffer more in
this economic crisis.
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