Congressman Lee Zeldin (R, NY-1), member of the House Financial Services Committee, just issued the following statement in response to the December 2021 Consumer Price Index (CPI) report:
"Seven percent inflation over the last 12 months is the biggest spike in 40 years! With massive inflation and a serious supply chain crisis on our hands, Washington needs to stop considering tax hikes, job killing regulations, suffocating new mandates, and increased spending that our nation can't afford."