[Congressional Record Volume 167, Number 200 (Wednesday, November 17, 2021)]
[House]
[Page H6328]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                            EASING INFLATION

  (Mr. COHEN asked and was given permission to address the House for 1 
minute.)
  Mr. COHEN. Madam Speaker, contrary to the remarks from my friend from 
South Carolina, leading economists in this country say that the Build 
Back Better bill will help on inflation. It will ease inflationary 
measures. It is important that we pass the Build Back Better bill if we 
are going to deal with inflation.
  Build Back Better, the Reuters Agency says Biden's spending plan will 
not add to inflationary pressure.
  Mark Zandi, the chief economist at Moody's Analytics, said, ``The 
bills do not add to inflation pressures, as the policies help to lift 
long-term economic growth via stronger productivity and labor force 
growth, and thus take the edge off of inflation.''
  Madam Speaker, 17 Nobel Prize winners in economics have already 
stated they believe the Build Back Better bill will ease longer term 
inflationary pressures.
  So it is not an inflation problem. In fact, by passing the bipartisan 
infrastructure bill, we make it easier for people to get to work and 
for goods to get to market. Improving our ports, our airports with 
cargo, our highways, and our rail, all of those things, make it easier 
for us to work against inflation and to get goods to market and improve 
the economy.
  So we should pass Build Back Better, and hurray Biden.

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