The consumer price index (CPI), a key inflation index, surged 7.5% over the past year, the highest reading since February 1982.

Inflation is a tax on all Americans, and it has gone up every month of Joe Biden’s failed presidency. It has been fueled by Biden and Congressional Democrats’ out-of-control government spending for their failed 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.
• CPI surged 7.5% over the past year, the highest reading since February 1982.
• Americans are paying more for just about everything because of inflation:
  • Used Cars are UP 40.5%
  • Gasoline is UP 40.0%
  • Bacon and related products are UP 18.1%
  • Beef and veal are UP 16.0%
  • Pork is UP 14.1%
  • Eggs are UP 13.1%
  • Fresh fish and seafood are UP 12.7%
  • New Cars are UP 12.2%
  • Women’s dresses are UP 11.1%
  • Electricity is UP 10.7%
  • Chicken is UP 10.3%
  • Roasted coffee is UP 9.3%
  • Infant and Toddler apparel is UP 8.8%
  • Food at home is UP 7.4%
  • Food away from home is UP 6.4%
  • Transportation is UP 5.6%
  • Shelter is UP 4.4%
• Inflation is going up faster than wages.
• Inflation affects low-income workers the most.
• Real wages have decreased under Biden 8 out of the 12 months since his first full month in office.
• Biden’s first year in office went down as the worst year for inflation since 1981.
• In 2021, inflation cost the average worker nearly two paychecks and cost the average family $3,500, but since inflation pushes families into higher tax brackets, it totals to $5,000 per year for the average family.

IT'S SIMPLE: Biden and Congressional Democrats' Far-Left policies and out-of-control spending are responsible for America's economic crisis. Instead of addressing the root cause of this crisis, they continue to double down on their failed Far-Left agenda and out-of-control government spending.

Read Ways and Means Republican Leader Rep. Kevin Brady (R-TX) statement on the January CPI report HERE.