Press Releases

The Consumer Price Index (CPI), a key inflation index, rose at an increased annual rate of 3.1% in November, highlighting how Bidenomics continues to fail the American people, especially around the holidays. This Christmas season is more expensive thanks to Joe Biden’s failed economic policies. Americans are fed up with the price spikes, and can barely afford the necessities, let alone Christmas gifts. 
 
MAKE NO MISTAKE: America’s surging inflation is a direct result of Joe Biden and Extreme Democrats’ reckless spending, which House Republicans are committed to reining in. 
 
BIDENOMICS BY THE NUMBERS: 

• Inflation is a tax on ALL Americans. 
• When Joe Biden took office, inflation was at just 1.4%. 
• Americans are paying more for just about everything because of inflation:
  • Motor vehicle insurance is UP 19.2%
  • Frozen noncarbonated juices and drinks are UP 18.6%
  • Admission to sporting events is UP 16.4%
  • Food from vending machines and mobile vendors are UP 14.6%
  • Sewing machines, fabric and supplies are UP 11.0%
  • Shelter is UP 6.5%
  • Rent of primary residence is UP 6.9%
  • Transportation services are UP 10.1%
  • Cookies are UP 3.7%
  • Citrus fruits are UP 3.9%
  • Wine is UP 5.6%
  • Motor vehicle maintenance and repair is UP 8.5%
  • Fresh biscuits, rolls, muffins are UP 5.9%
  • Crackers, bread, and cracker products are UP 6.5%
  • Beef and veal are UP 8.7%
  • Uncooked beef roasts are UP 12.5%
  • Frozen vegetables are UP 6.1%
  • Sugar and sugar substitutes are UP 6.8%
  • Baby food and formula are UP 7.6%
  • Music instruments are UP 4%
  • Photographic equipment and supplies are UP 9.8%
• Under Joe Biden’s failed economic agenda, Americans are spending $11,400 more annually to buy the basics.