[Congressional Record Volume 168, Number 103 (Thursday, June 16, 2022)]
[House]
[Page H5614]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICAN PEOPLE ARE PAYING FOR PRESIDENT'S MISTAKES
(Mr. SMITH of Missouri asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. SMITH of Missouri. Mr. Speaker, the biggest challenge facing
Missouri families right now is sky-high inflation. They know that
President Biden and Washington Democrats have only themselves to blame
for driving inflation to the highest level in 40 years.
Last month alone, inflation cost Missouri families an extra $663.
That is about the same as a monthly payment on a brand-new pickup
truck.
Gas prices are the highest they have been, at over $5 a gallon. The
cost to fill up an F-150 is over $150.
Families are paying more to put food on their tables, clothes on
their backs, and gasoline in their cars. Milk is up 15 percent. Bread
is up 14 percent. Bacon is up 18 percent.
Just yesterday, the Federal Reserve raised interest rates for the
third time since March. This is yet another price increase for
families, farmers, and small businesses.
The American people cannot afford to keep paying for President
Biden's mistakes.
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