Self-Inflicted Crises of the Biden Administration

Floor Speech

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Mrs. BICE of Oklahoma. Madam Speaker, I rise today to address the record-breaking inflation that will make next Thursday the most expensive Thanksgiving in history due to Biden's and Democrats' detrimental policy decisions. The American people will feel the impact of rising inflation this Thanksgiving and holiday season.

Prices of ingredients for the traditional Thanksgiving dinner are sky-high, with turkey costs up 27 percent, pumpkin pie up 17 percent, and carrots up 47 percent. Beyond the pricey meal, travel costs are surging because a gallon of gas costs 61 percent more than a year ago and airfare is expected to increase 18 percent, placing a burden on families to visit loved ones for the holidays. On top of this, simply staying warm this winter will cost more. Heating bills are projected to rise as much as 54 percent compared to last winter.

While these everyday prices are skyrocketing, wages are stagnant, which means decreased purchasing power for hardworking Americans. Not only will they have less money to spend on Thanksgiving traditions and holiday gifts that will have a damaging impact on our small businesses and our overall economy, but the livelihoods of Americans will be harmed by the difficulty to afford day-to-day necessities.

Madam Speaker, Biden's failed policies are hitting home. As shown through the significant drop in his approval rating, Americans are desperate for a solution to fix these insane price increases.

Instead, what is Biden's response?

Continue to push the partisan reconciliation bill that would pump the economy with trillions more dollars in spending for social programs that are not paid for, further exacerbating this inflation crisis and causing American taxpayers to suffer the effects for generations to come.

There are grave consequences to careless actions. I urge my colleagues and the American people to recognize this Thanksgiving as a direct result of excessive government spending and shutting down our country's energy production.

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