[Congressional Record Volume 169, Number 38 (Tuesday, February 28, 2023)]
[House]
[Page H924]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BIDENFLATION BY THE NUMBERS
(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. Mr. Speaker, since Biden has been in
office, his irresponsible decisions, supported by the Democrat-led
Congress, have left American families in financial stress.
Inflation, at a 40-year high, has increased the cost of everyday
items. We have destruction of jobs. These policies have cost the
typical household $10,000. Additionally, year-to-year wage growth has
been negative for 22 months.
Bidenflation is a tax on all Americans. At an inflation rate of 6.4
percent in January, we have an outrageous situation with rising prices.
Eggs are up an astronomical 70 percent, butter up 33 percent, fuel oil
up 28 percent, flour up 28 percent, lettuce up 17 percent, bread up 15
percent, and milk up 11 percent.
The newly elected House Republican majority, led by Speaker Kevin
McCarthy, is committed to fighting inflation, lowering the cost of
living, and creating jobs.
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.
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