Biden Policies Hurting Tennesseans

Floor Speech

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Mr. ROSE. Mr. Speaker, I rise today because I am concerned about the financial security of our Nation.

Whether you are standing in the checkout line at the grocery store or at the gas pump, it is clear that Tennesseans and Americans everywhere are facing a bitter reality. We are 6 months into the Biden Presidency, and we are feeling the effects of his reckless spending decisions as prices for everyday foods, goods, and even gas skyrocket.

According to a recent study, 83 percent of Americans surveyed said they noticed price increases in June and July. Right now, families find themselves paying 45 percent more for gas, 7 percent more for fruit, almost 6 percent more for milk, and 18 percent more for bacon just since Biden was sworn in.

Inflation is like a cruel and regressive tax hike on the working people of this Nation who can afford it the very least. For older Tennesseans on fixed incomes that often do not grow with inflation, high inflation is even more cruel.

President Biden's policies have caused inflation to grow every month since he took office and, often, at a rapid clip. This means Tennesseans and all Americans are paying more for groceries, more for prescription drugs, and more for household goods, and their take-home pay after taxes is worth less than it was, as if they got a pay cut through no fault of their own.

What will the administration do to combat drastic rises in inflation? The answer to that appears to be absolutely nothing. In fact, they are doubling down and making it worse.

President Biden and his fellow socialist Democrats want to keep spending money on things we can't afford and increasing taxes on everyone, which, along with the inflation monster, creates a one-two punch to the gut of all Tennesseans and especially the ones who are most vulnerable and who can least afford it.

Another massive $3.5 trillion spending package that will raise taxes and further fuel inflation is not what our Nation needs. We need to stop this spending spree on the backs of the taxpayer before it is too late.

The Biden administration can try to talk around it, but the reality remains the same: Their policies are hurting Tennesseans, and I will never stop working to hold them accountable. INVESTING IN OUR FAMILIES, WORKERS, AND COMMUNITIES

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