[Congressional Record Volume 170, Number 114 (Wednesday, July 10, 2024)]
[House]
[Pages H4542-H4543]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INFLATION
(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, month after month, the American people endure
higher utility bills and rising costs at the grocery store and the gas
pump.
Inflation has risen by more than 20 percent since President Biden
took office. That is just an average. Every day, folks are actually
paying 35 percent more for flour, 40 percent more for eggs, and 27
percent more for butter. That is on top of paying 29 percent more for
electricity, about 55 percent more for a gallon of gas, and 21 percent
more in monthly rent.
It adds up to more than $1,000 a month for the same goods and
services that American families were buying before these historic price
increases. This is a direct result of the Biden administration's
overspending and overregulation.
[[Page H4543]]
While we hear White House officials continue to dismiss the sticker
shock that Americans face every day, House Republicans are committed to
reining in the reckless spending in Washington and restoring fiscal
sanity.
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