[Congressional Record Volume 169, Number 119 (Wednesday, July 12, 2023)]
[House]
[Page H3219]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BIDENFLATION COSTS FAMILIES
(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, the irresponsible
decisions of Biden and the liberal Democrats have caused inflation to
reach a 40-year high, leaving American families in financial distress
and jobs lost.
Bidenflation has increased the cost of everyday goods and services,
reducing the annual purchasing power of families.
Worse, Biden unintentionally revealed the reality of these policies.
Recently, describing his economic policies, Biden said: I don't know
what Bidenomics is, but it's working.
The facts are inflation has caused costs to increase over the year.
Lunch meats are up 6.2 percent. Margarine is up 23 percent. Flour is up
17 percent. Cereal and bakery products are up over 11 percent.
The Republican House majority is working to correct this by having
recently passed the Fiscal Responsibility Act to rein in government
overreach and limit inflationary spending, 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 with open Biden borders.
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