[Congressional Record Volume 168, Number 115 (Wednesday, July 13, 2022)]
[House]
[Page H5979]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RETURN TO FISCAL RESPONSIBILITY
(Mr. JOYCE of Pennsylvania asked and was given permission to address
the House for 1 minute and to revise and extend his remarks.)
Mr. JOYCE of Pennsylvania. Mr. Speaker, last week, I received a
letter from a Boy Scout in my district telling me how his family has
been forced to change their budget and cancel their summer vacation.
Unfortunately, this story is not unique, and right now, more than
two-thirds of Americans have been forced to dip into their savings to
pay for groceries and gasoline. This is the reality of an economy that
has been wrecked by Biden's socialist spending spree.
These policies have consequences, and it is estimated that American
families will spend an additional $460 a month because of inflation.
Just this morning, it was reported that inflation rose by 9.1 percent
in the past year.
Let's call this 9 percent inflation what it is. It is a tax on
workers and families, and it is having a severe impact on my community.
It is time to stop spending money that we don't have on policies that
we don't need. It is time to return to fiscal responsibility.
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