Rising Inflation Hurts Everyone

Floor Speech

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Mrs. MILLER-MEEKS. Mr. Speaker, I rise today to address the record- high inflation hurting working families in Iowa caused by the Biden administration.

When President Biden took office in January 2021, inflation was at 1.4 percent. As of May 2022, inflation is 8.6 percent, the highest in 40 years. President Biden has been exclaiming that the rise in inflation would be a temporary problem, but the data does not reflect his claims.

Inflation is hurting families in Iowa and all across the country. With food and housing prices increasing, families are having to make sacrifices to make ends meet. It is unacceptable for the Biden administration to advocate for more government spending that caused inflation rather than addressing these pertinent issues, such as rising prices.

This rising inflation in fuel prices is hurting rural farmers in Iowa. Gas and diesel prices are now expected to cost farmers an extra $900 a year, and $500 to families, as well.

I call upon the Biden administration to take necessary steps to address inflation, such as increasing domestic energy production and stopping wasteful government spending. The Biden administration's policies are hurting the families it is meant to serve.

I would also like to take this time to wish a happy birthday to Michael Pinette, and I wish my sister Mari-Eleanor Martino a very happy birthday.

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