[Congressional Record Volume 168, Number 116 (Thursday, July 14, 2022)]
[House]
[Page H6513]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          THE BIDEN PRICE HIKE

  (Mr. LaMALFA asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. LaMALFA. Mr. Speaker, this time last year, President Biden told 
the American people that inflation was just temporary, just transitory, 
not a real big deal. The truth is hitting harder than a Mayflower 
moving van escaping California.
  Yesterday, the Consumer Price Index for June came in and the results 
are even worse than expected, at least by some. To real Americans, it 
is probably not a real surprise.
  The Biden administration's economic policies have produced record 
inflation, a 41-year record, at 9.1 percent, and that is probably low 
to most Americans.
  As inflation continues to skyrocket, wages have actually decreased. 
In fact, since President Biden took office, real wages have decreased 
by about 5 percent.
  Across the Nation, Americans are dipping into their savings to stay 
on top of their increasing grocery and gas bills.
  Multiple polls show that Biden's economic crisis is the top issue for 
Americans, and the vast majority of Americans agree that the economy is 
in crisis directly due to the administration's failed policies.
  In fact, I held a telephone townhall last night with 70,000 callers 
from around my district joining in. Ninety percent responded in the 
poll saying that the economy is their top concern. The Biden 
administration needs to get with it.

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