In the News
For 22 months in a row, inflation has outpaced real average hourly earnings, and remains the top concern of Americans across the country. House Republicans understand the pain inflation has caused, and last week made strides to prevent it from worsening by passing the REIN In Act with strong bipartisan support.
Last week, Congress finally took action to put the COVID-19 pandemic behind us once and for all. We passed legislation to end the Biden Administration’s vaccine mandate for federal health care workers, to formally end the public health emergency, and to require federal workers to finally show up to work again.
As my first term comes to a close, I’ve been reflecting on everything that I’ve been a part of over the last two years. I’d like to share candidly a little bit about my experience and what I’m most proud of.
I joined the U.S. Army Reserve in 1981 and proudly served for 27 years, retiring in 2009 as a Lieutenant Colonel. Since first putting on the uniform as a recruit at Fort Jackson, it has been an honor to stand alongside the greatest men and women our country has to offer. Although I have now taken off that uniform, the hardships faced, and the lessons learned still guide me as I represent you in Congress.
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Inflation remained high in August, coming in at 8.3%. Strangely, despite that news, President Biden hosted a celebration of his climate-tax hike bill, misleadingly titled the Inflation Reduction Act, just hours after the latest inflation figures were released. President Biden and Democrats leaned into unprecedented spending and are now taking a victory lap, despite failing to actually tackle Americans number one issue heading into November, inflation.
Instead of serving time or paying fines to the government for breaking the law, community service or donating money to charity is offered to individuals and companies as an alternative. However, funneling money, which would otherwise be used to benefit the public, to partisan non-profit organizations is pure corruption.
In a recent op-ed, President Biden attempted to lay out a three-part strategy to combat inflation and rising gas prices and transition America “from recovery to stable, steady growth.” The truth is his solutions will only worsen the inflation crisis, and he knows it.
Are we headed towards a recession? That’s the question.
Last week, the Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) data (inflation) for the month of May. Across the board, the average price of goods is up 8.6% from May of last year. In short, according to Moody’s Analytics, American households now must pay an extra $460/month to buy the same goods they did a year ago.