[Congressional Record Volume 168, Number 177 (Wednesday, November 16, 2022)]
[House]
[Page H8516]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BIDENFLATION IS A CRISIS
(Mr. WILSON of South Carolina asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. WILSON of South Carolina. Madam Speaker, Americans are
experiencing inflation at 40-year highs, with families in South
Carolina paying over 14 percent more in the last year.
Under Biden, inflation has outpaced worker wages for 18 months in a
row and will cost the average American household over $8,000 annually,
which is a loss of a month of income.
A trip to the grocery store costs families 12 percent more from last
year. Eggs are up 43 percent, flour up 25 percent, milk up 15 percent.
The Congressional Budget Office reports the irresponsible inflation
expansion act will increase the deficit through 2026 and cost working
families an additional $60 billion, destroying jobs.
Our country is in crisis, and Americans need relief, which is why
voters have achieved a House Republican majority. Republicans will
fight Bidenflation undermining American families.
Congratulations, Speaker-to-be Kevin McCarthy.
In conclusion, God bless our troops who successfully protected
America for 20 years as the global war on terrorism continues moving
from the Afghanistan safe haven to America.
____________________