[Congressional Record Volume 168, Number 159 (Friday, September 30, 2022)]
[House]
[Page H8358]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 REPUBLICANS WILL RESTORE FISCAL SANITY

  (Mr. ALLEN asked and was given permission to address the House for 1 
minute.)
  Mr. ALLEN. Mr. Speaker, the American people have one thing on their 
minds, and that is inflation. So let's talk about it.
  Inflation is caused by a rapid increase in the money supply, the kind 
of increase that only follows a drastic rise in government spending. 
Since Inauguration Day, Biden and the Democrats have passed nearly $4 
trillion in new spending.
  For reference, that is almost all the money we brought in last year, 
and we had record revenues. It is all out the door before we even fund 
the government. But that is not all. Through his executive orders, 
Biden has singlehandedly spent another $1.5 trillion.
  This reckless spending has set off an economic crisis the likes of 
which we have never seen. The average American family will spend an 
extra $8,000 this year just to keep pace with rising prices. For most 
Georgians, that is almost 2 months' pay.
  The current majority has dug us deeper and deeper into debt. It is 
time to stop digging.
  Republicans will put an end to this recklessness and restore fiscal 
sanity to the people's House.

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