[Congressional Record Volume 168, Number 81 (Thursday, May 12, 2022)]
[House]
[Page H4876]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         BIDEN ECONOMIC CRISIS

  (Mr. BILIRAKIS asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. BILIRAKIS. Mr. Speaker, I rise to discuss the economic crisis 
that is pummeling Florida's families. This week's financial report 
showed that inflation continues to hammer Americans, growing by 8.3 
percent over April of 2021.
  When coupled with workforce shortages and supply chain disruptions, 
the result has been catastrophic for small businesses--every sector of 
our economy is impacted. I am also gravely concerned that we are 
spiraling toward a recession, and yet, many of my colleagues seem to 
think the only answer is to spend more.
  Let me be clear, Mr. Speaker, we cannot spend our way out of this 
crisis. We must stop the reckless spending that is fueling this problem 
and make tough choices about our priorities, just as each and every one 
of our constituents are being forced to do.

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