WASHINGTON, D.C.– Rep. Mike Gallagher (R-WI) today released the following statement after inflation hit another forty year high and surged to 9.1% in the month of June.
“President Biden is breaking records in all the wrong ways. Inflation is at another forty year high and real wages are falling at their fastest rate in forty years. This economy is crushing Americans and robbing them of their hard-earned money, which makes it all the more insane for Democrats to continue to double down on the same radical policies that helped create this crisis in the first place. Only in Washington could the solution to record inflation – caused in part by reckless spending – be more reckless spending.”