Press Releases

The Consumer Price Index (CPI), a key inflation index, hit near the highest level in more than 40 years in April. The CPI increased 8.3% over the past 12 months, and it has been the biggest single-year growth level since 1984. MAKE NO MISTAKE: Inflation is a tax on ALL Americans, and it has skyrocketed because of Joe Biden and House Democrats’ out-of-control government spending to fuel their radical Far-Left agenda. BIDEN’S ECONOMIC CRISIS BY THE NUMBERS: 

• Inflation is a tax on ALL Americans.
• Inflation has increased every month of Joe Biden’s presidency.
• Inflation has risen dramatically since Biden took office.
• This massive level of inflation is not the result of a so-called “Putin price hike,” but the failed policies of President Biden and House Democrats.
• Real wages have decreased under Biden 10 out of the 14 months since his first full month in office.
• Real average hourly earnings decreased 2.6%, seasonally adjusted, from April 2021 to April 2022.
• Earnings are not keeping up with inflation.
• Americans are paying more for just about everything because of inflation:
  • Gas is UP 43.6%
  • Airline fares are UP 33.3%
  • Used vehicles are UP 22.7%
  • Hotels and motels are UP 22.6%
  • Eggs are UP 22.6%
  • Public transportation is UP 21.8%
  • Lodging away from home is UP 19.7%
  • Bacon is UP 17.7%
  • Chicken is UP 16.4%
  • Roasted coffee is UP 14.7%
  • Uncooked beef and veal are UP 14.3%
  • Pork is UP 13.7%
  • New cars are UP 13.2%
  • Baby food is UP 13.0%

IT'S SIMPLE: Instead of addressing the root cause of inflation, out-of-control government spending, Joe Biden and House Democrats continue to push their Far-Left Socialist agenda, which will only exacerbate America’s economic crisis.