OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Southern Border

Floor Speech

By: John Rose
By: John Rose
Date: March 6, 2024
Location: Washington, DC

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Mr. ROSE. Mr. Speaker, I thank the gentleman from Utah, Vice Chairman Moore, for yielding and for claiming this time this evening to discuss these important issues facing our Nation.

Mr. Speaker, tomorrow, the President of the United States will appear in this Chamber to deliver his annual State of the Union Address and, hopefully, his last.

I say this because since the President has taken office, prices have risen by 17.9 percent, according to the Consumer Price Index. If you ask the folks I represent in Tennessee, they have gone up far more than that.

Compared to just 3 years ago, Americans are spending an extra $1,019 a month and real wages are down by more than 2 percent thanks to the Biden administration's economic policies. I believe the President calls it Bidenomics.

Since taking the majority, House Republicans have fought tirelessly to rein in the Biden administration's reckless spending that has caused record-high inflation, the highest inflation since I was just a junior in high school back in the early 1980s.

A lot of left-leaning political pundits will criticize this Congress for not following in the footsteps of the last Congress, which was led entirely by Democrats that passed multiple spending monstrosities, but I will argue that it is a job well done by Republicans to hold the line and not give in to the Democrats' insatiable desire to recklessly borrow money from future generations of Americans and spend it on projects like Green New Deal initiatives and an army of new IRS agents.

These economic policies pursued by the Biden administration have made it harder than ever before for new home buyers to purchase a home. Even one out of eight retirees plan to return to work in 2024, according to a recent survey. They largely cite inflation as the main reason for doing so.

Mr. Speaker, Americans should not be subjected to the constant threat of rising prices wreaking havoc on their paychecks and pocketbooks. As our national deficit and debts exponentially increase due to rising interest rates, our country has no choice other than to restore fiscal common sense in Washington. That is why House Republicans are leading the way to do exactly that.

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