[Congressional Record Volume 167, Number 133 (Thursday, July 29, 2021)]
[House]
[Page H4253]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     INFLATION IS A TAX ON EVERYONE

  The SPEAKER pro tempore. The Chair recognizes the gentleman from 
Michigan (Mr. Walberg) for 5 minutes.
  Mr. WALBERG. Madam Speaker, across my district, Michigan families are 
having to pay more for gas, for groceries, for cars.
  You name it, there is sticker shock everywhere you look. In fact, 
inflation attacks on everyone increased every month since President 
Biden took office.
  As Americans are struggling to pay for skyrocketing costs of daily 
necessities, we should be doing something to address these pocketbook 
challenges. Instead, this week, we are considering another round of 
massive spending bills that will make matters worse on top of massive 
spending bills that we have already expended.
  Unparalleled and unchecked government spending is not the solution. 
It is a root cause of rising inflation--and did I mention that is a tax 
on everyone?
  Again, this reckless spending and subsequent inflation are 
effectively attacks on the American people, their families, their 
workplaces, and, in fact, their livelihoods. We can't afford to 
continue down this path. It is hurting too many families and their 
financial security.
  It is time we return to proven economic policies that create jobs, 
increase wages, and do not prolong an inflationary crisis that--did I 
mention?--is a tax on everyone.

                          ____________________