[Congressional Record Volume 170, Number 45 (Wednesday, March 13, 2024)]
[House]
[Page H1171]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1045
                              BIDENFLATION

  (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, prices for everyday goods continue to climb 
due to the economic policies of the Biden administration. The latest 
Consumer Price Index report was up 3.2 percent from last year.
  Mr. Speaker, I rise in support of hardworking families I represent in 
Tennessee who are making hard choices to stay afloat. If they are 
having to tighten their belts, the Federal Government should do the 
same.
  President Biden's answer is to raise taxes even more, but we don't 
have a revenue problem, in Washington we have a spending problem.
  In fiscal year 2022, the Federal Government collected $850 billion 
more in tax revenue than the year before. Yet, the Federal Government 
spent $1.4 trillion more than we brought in.
  Last year, the Federal Government spent $1.7 trillion more than it 
collected. That is just one of many reasons why I am opposed to the 
President's $7.3 trillion budget.
  We cannot continue spending more money that we don't have.

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