[Congressional Record Volume 168, Number 101 (Tuesday, June 14, 2022)]
[House]
[Page H5534]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





                       OUR SLUMBERING PRESS CORPS

  (Mr. GROTHMAN asked and was given permission to address the House for 
1 minute.)
  Mr. GROTHMAN. Mr. Speaker, the talk of everyone back home is over 
inflation. I want to give the press corps something to do. We are told 
the current inflation rate is 8.2 percent, the highest it has been in 
40 years. I believe the number is higher than that.
  They claim that the cost of rent or the cost to buy a house has gone 
up 5.2 percent. I have talked to builders in which the cost of 
identical homes has gone up 30 percent.
  Interest rates have gone up from 2.5 to 4.5 percent. I know somebody 
who is looking to perhaps flip a house that has gone up 20 percent.
  I would like the press corps in this country to look for examples of 
housing that has only gone up 5.2 percent.
  The other thing I would like them to look up is used cars have gone 
up 16 percent. I have talked to car dealers, and they tell me the price 
of used cars has gone up 25 to 35 percent.
  So I beg the somewhat slumbering press corps to look into this and 
see whether our leg is being pulled by the claim that the CPI is only 
up 8.2 percent.

                          ____________________