[Congressional Record Volume 168, Number 83 (Monday, May 16, 2022)]
[House]
[Pages H4974-H4975]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PAIN AT THE PUMP
(Ms. BROWN of Ohio asked and was given permission to address the
House for 1 minute and to revise and extend her remarks.)
Ms. BROWN of Ohio. Mr. Speaker, rising prices are straining families'
budgets and robbing them of the full benefits of our strong economic
recovery.
Last year, we experienced the fastest rate of economic growth in four
decades and the single greatest year of job creation ever.
Thanks to this robust growth, workers are securing better jobs with
higher pay. Wages have risen more than 4 percent since President Biden
took office.
Yet, even as inflation has slowed, rising prices are eating into
families' paychecks. To help cut costs for families, the House recently
passed legislation to cap the price of insulin at $35. This week, the
House will consider new legislation to address pain at the pump.
The Consumer Fuel Price Gouging Prevention Act would establish the
first-ever Federal law against price gouging by oil and gas companies.
Cutting costs and preventing profiteering, this is how we get our
prices under control and put money back in people's pockets.
[[Page H4975]]
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