OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Inflation

Floor Speech

By: John Rose
By: John Rose
Date: July 10, 2024
Location: Washington, DC

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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.

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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