Inflation and Our Economy

Floor Speech

Date: June 15, 2022
Location: Washington, DC

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Mr. BILIRAKIS. Madam Speaker, I rise today to discuss the misguided priorities of this Chamber.

At a time when Americans are facing extreme hardship--grappling with the highest rates of inflation in more than 40 years; $5 per gallon, at least, gas; workforce and food shortages; and unprecedented crime and illegal border crossings--House Democrats continue to ignore urgent matters and, instead, engage in deflection.

For example, the majority scheduled three irrelevant bills for consideration on the House floor.

The first allocated $1.3 billion in annual mandatory spending, Madam Speaker, for a new regulatory agency to protect endangered species. This is the type of tone-deaf policy proposals that show Democrats are out of touch with the American people, unfortunately.

The second bill brought up for consideration targets the Federal Reserve at a crucial time. The Federal Reserve is supposed to be an independent, nonpolitical, agency tasked with managing our Nation's monetary policy, yet House Democrats want to divert the Fed's attention away from addressing an impending recession and instead impose its woke agenda. Out of touch, Madam Speaker.

This truly defies common sense, in my opinion. Inflation hurts all Americans, regardless of race, and turning the Federal Reserve into a social justice warrior will only serve to compound the hurt for everyone, unfortunately, Madam Speaker.

The third measure brought to the floor this week is more deflection. In essence, it adds more costs to U.S. producers. That is no way to do it. This will only serve to increase the cost of doing business. Those increased costs will get passed along to the consumer, like you and me.

Another attempted distraction is the sham January 6 hearings hosted during prime-time TV in a gross display of partisan gamesmanship. These are not fact checking.

It is no secret I voted against the creation of this panel. It was clear from the onset that Democrat leaders had no interest in an open and unbiased review of what occurred that day when they denied all Republican-named nominees to the panel.

Any doubt that this would be anything more than a bogus, made-for-TV drama was put to rest when footage surfaced that the committee was relying on teleprompters, and when ratings weren't good, they canceled or postponed hearings. My goodness.

Madam Speaker, I will not be distracted from the real problems facing American families. I will keep fighting to do the right thing by my constituents. If House Democrats had any sense of urgency, they would put aside the political charade and join me and my Republican colleagues to get the hard stuff done.

Time is of the essence. The American people cannot wait any longer.

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