OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Affordability Crisis

Floor Speech

Date: July 16, 2026
Location: Washington, DC

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Mr. LATIMER. Mr. Speaker, many of my colleagues have spoken about the affordability crisis, forcing families to figure out how to make ends meet, but let's make something clear: The affordability crisis isn't just a political buzzword like the President claims. This is a real crisis, and it is made worse by the President's decisions: a war of choice in Iran, indiscriminate tariffs, and tax cuts for billionaires, just to name a few, all this while 1 month of groceries in my home district in New York now averages over $1,200 a month.

Since this President took office, the average additional cost of living for basic essentials in New York has risen to $4,000.

These costs are more than just numbers. They reflect sacrifices at the grocery store, an elderly couple without care, or a young person unable to put away savings.

As some in public life line their own pockets by the billions, my colleagues and I remain focused on the only thing that matters: making life more affordable again.

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