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American People Are Paying for President's Mistakes

Floor Speech

Date: June 16, 2022
Location: Washington, DC

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Mr. SMITH of Missouri. Mr. Speaker, the biggest challenge facing Missouri families right now is sky-high inflation. They know that President Biden and Washington Democrats have only themselves to blame for driving inflation to the highest level in 40 years.

Last month alone, inflation cost Missouri families an extra $663. That is about the same as a monthly payment on a brand-new pickup truck.

Gas prices are the highest they have been, at over $5 a gallon. The cost to fill up an F-150 is over $150.

Families are paying more to put food on their tables, clothes on their backs, and gasoline in their cars. Milk is up 15 percent. Bread is up 14 percent. Bacon is up 18 percent.

Just yesterday, the Federal Reserve raised interest rates for the third time since March. This is yet another price increase for families, farmers, and small businesses.

The American people cannot afford to keep paying for President Biden's mistakes.

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