[Congressional Record Volume 168, Number 158 (Thursday, September 29, 2022)]
[House]
[Page H8228]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AUGUST INFLATION
(Mr. ROSE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. ROSE. Mr. Speaker, August was another month under President Biden
where inflation exceeded economists' expectations. The Consumer Price
Index was up 8.3 percent over the past year, and if you exclude food
and energy, it rose six-tenths of a percentage point in just 1 month.
On the same day, the higher-than-expected inflation number came out,
President Biden and congressional Democrats held an event at the White
House to celebrate the passing of the Inflation Reduction Act, which we
all know will do nothing to slow inflation.
Tennesseans are bearing the brunt of the President's disastrous
fiscal policies, all while the President celebrates passing a bill that
raises taxes amidst a recession, spends more than $400 billion on woke
Green New Deal programs, and hires 87,000 new IRS agents to target the
middle class.
Borrowing and spending more money won't ease the pain in our
pocketbooks. The only solution is an end to one-party control of
Washington.
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