U.S. Representative Chuck Fleischmann (TN-03) released the following statement in response to the latest inflation numbers the Bureau of Labor Statistics (BLS) released, which showed that inflation increased by 8.5 percent over the past year, the highest rate in 41-years.
"President Biden and Democrats who control the House of Representatives and Senate keep breaking economic records, and not in a good way. Because of the supply chain crisis, out of control borrowing and spending, and the war on domestic energy production, everything from gas to groceries, household items, and services are getting more and more expensive."
"This Administration and Congressional Democrats have shown no plan or desire to solve this mounting economic crisis. Inflation is a regressive and pernicious tax on all Americans. I urge the Biden Administration and my colleagues in Congress to stop their tax-and-spend agenda, end their unrelenting war on domestic energy production, and get government out of the way of our free-market system; that is how we will get our economy working for all Americans again."
Original source can be found here.
