Bidenflation continues to be a tax on every American. In May, the Consumer Price Index, a key inflation index, showed that since Joe Biden took office inflation has skyrocketed by 20.1%. Biden inherited an economy that was booming from President Trump with an inflation rate that was just 1.4%. But, Biden's failed Far Left Democrat agenda and reckless spending have caused the price for just about everything to skyrocket.
MAKE NO MISTAKE: House Republicans are fighting to rein in the Biden Administration’s out-of-control spending and drive down costs for Americans.
BIDENOMICS BY THE NUMBERS:
Inflation is a tax on ALL Americans.
When Joe Biden took office inflation was at just 1.4%.
Since Joe Biden took office inflation has risen by 20.1%
Americans are paying more for just about everything because of inflation since Biden took office:
K-12 food is UP 65.1%
Gasoline, unleaded regular is UP 55.3%
Eggs are UP 40.1%
Airfare is UP 39.9%
Flour is UP 34.8%
Admission to sporting events is UP 34.0%
Electricity is UP 29%
Baby food is UP 28.4%
Butter is UP 27.3%
Public transportation is UP 27.2%
Cigarettes are UP 26.7%
Cookies are UP 25.8%
Breakfast cereal is UP 24.8%
Bread is UP 24.8%
Poultry is UP 24.2%
Lunchmeats are UP 24.2%
Chicken is UP 24.0%
Uncooked ground beef is UP 23.3%
Pet food is UP 23.0%
Eating out is UP 22.2%
Groceries are UP 21.2%
Rent is UP 21.2%
Used cars are UP 20.9%
Americans are spending over $12,800 more annually to buy the basics because of Bidenflation compared to three years ago.
Since Joe Biden took office, Americans are spending over $1,000 more a month than they were three years ago.