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Leap Day

Floor Speech

By: John Rose
By: John Rose
Date: Feb. 28, 2024
Location: Washington, DC

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Mr. ROSE. Mr. Speaker, tomorrow is Leap Day, which means the folks I represent in Tennessee will be subject to an extra day of the disastrous economic policies of the Biden administration that have resulted in record-high inflation and an unaffordable cost of living.

Look no further, Mr. Speaker, than a recent report that said December was the least affordable month on record to own a home, as home prices hit an all-time high.

December marked the 11th straight month of higher home prices and a 5 percent increase in prices over the entire year.

Coupled with higher interest rates, thanks to the Biden administration's reckless deficit spending, the American Dream of owning a home is quickly evaporating.

However, Mr. Speaker, I am committed to passing policies that make purchasing and owning a home more affordable and lowering the cost of living for the average American and the Tennesseans that I represent.

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