BRADY: Inflation Worsens in Another Crushing Blow for U. S. Families in Biden’s Economy 


“While the President falsely insists inflation is ‘zero,’ many Americans report they are skipping meals, raiding their savings, and looking for extra work to try to make ends meet."

Texas Insider Report: WASHINGTON, D.C. – "Unemployment is rising, mortgage prices are at a 15-year high, savings are being decimated, and experts say as many as 6 million jobs must be sacrificed to bring Biden-Flation down," said House Ways & Means Committee Republican Leader Rep. Kevin Brady (R-TX) following the Federal Reserve Bank’s announcement that its preferred measure of inflation – the Personal Consumption Expenditures (PCE) Price Index – rose 6.2% from August of the previous year, a much higher rate than expected.

“Inflation is worsening, which is another crushing blow for families in President Biden’s cruel economy. The truth is that thanks to his bungling of the recovery, our economy is shrinking.

“While the President falsely insists inflation is ‘zero,’ many Americans report they are skipping meals, raiding their savings, and looking for extra work to try to make ends meet," noted Brady.

“No wonder so many Americans have lost faith in Washington Democrats who ran the economy into the ground.”



















 
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