President Biden’s inflation is a “tax on all Americans” as prices rise to a high not seen in over 40 years, Republicans said on Wednesday following the release of the Bureau of Labor Statistics’ latest Consumer Price Index.
Prices increased to an annual rate of 9.1 percent in June, according to the Wednesday report — a rate of inflation not seen in over 40 years. Further, inflation continues to outpace any wage gains, as real wage gains for U.S. employees fell one percent.
“U.S. inflation hit 9.1% in June – the highest rate in 41 years,” Rep. Beth Van Duyne (R-TX) said. “Biden’s out-of-control spending is a tax on all Americans”:
U.S. inflation hit 9.1% in June – the highest rate in 41 years🚨
Biden's out-of-control spending is a tax on all Americans.
— Congresswoman Beth Van Duyne (@RepBethVanDuyne) July 13, 2022
The House Republicans made the same point, providing a list of price increases in specific categories.
Inflation is a TAX on all Americans.
📈Gasoline is UP 59.9%
📈Electricity is UP 13.7%
📈Food at home is UP 12.2%
📈New Cars are UP 11.4%
📈Transportation is UP 8.8%
📈Food away from home is UP 7.7%
📈Used Cars are UP 7.1%
📈Shelter is UP 5.6%
📈Apparel is UP 5.2%— House Republicans (@HouseGOP) July 13, 2022
“No amount of spin can change the fact that you’re directly responsible for this inflation crisis. You voted for Biden’s agenda 100% of the time & the working class is getting crushed because of it,” Republican Ohio Senate candidate J.D. Vance said in reaction to Rep. Tim Ryan (D-OH), who attempted to deflect blame for the devastating report.
“Instead of asking for a promotion from voters, you should apologize to them,” Vance added.
No amount of spin can change the fact that you're directly responsible for this inflation crisis. You voted for Biden's agenda 100% of the time & the working class is getting crushed because of it.
Instead of asking for a promotion from voters, you should apologize to them. https://t.co/XghmcKa5Lk
— J.D. Vance (@JDVance1) July 13, 2022
“Joe Biden once again made history — inflation is at the highest level ever recorded over the past 40 years,” Sen. Marsha Blackburn (R-TN) tweeted.
Joe Biden once again made history — inflation is at the highest level ever recorded over the past 40 years.
— Sen. Marsha Blackburn (@MarshaBlackburn) July 13, 2022
“Inflation is now at 9.1%. When is the breaking point? For many families, it was months ago,” Rep. Lauren Boebert (R-CO) said, making it clear that it is crucial for Republicans to take back the House in November.
Inflation is now at 9.1%.
When is the breaking point?
For many families, it was months ago.
Taking back the House has never been more crucial.
— Lauren Boebert (@laurenboebert) July 13, 2022
Following the inflation report, Sen. Marci Rubio (R-FL), who is running for reelection this year, said, “Democrats don’t care about things that matter to everyday working Americans such as inflation, a border crisis, gas prices or violent crime, they only care about the pet issues of their white, affluent & liberal donors & activists.”
Democrats don’t care about things that matter to everyday working Americans such as inflation, a border crisis, gas prices or violent crime, they only care about the pet issues of their white,affluent & liberal donors & activists
— Marco Rubio (@marcorubio) July 13, 2022
More:
At 9.1% year-over-year, new inflation data is "MUCH hotter than expected."
"November 1981 is the last time that we have seen an inflationary number this high." pic.twitter.com/J3Efjum87s
— RNC Research (@RNCResearch) July 13, 2022
Inflation hits 9.1%. The highest since 1981.
Any idea on how this will impact taco prices?
— Rep. Jim Jordan (@Jim_Jordan) July 13, 2022
In December, Biden claimed we were at “the peak” of inflation when prices spiked 7%.
Now they are up 9.1% – a new 40-year high.
— Ronna McDaniel (@GOPChairwoman) July 13, 2022
Brutal inflation report shows a devastating increase of 9.1.% year-over-year. Bidenflation is wreaking havoc on workers, families & small businesses – a consequence of anti-American energy policy, exorbitant borrowing & printing of money & counterproductive federal regulations.
— Ron DeSantis (@GovRonDeSantis) July 13, 2022
Inflation has risen 9.1% since last year!
President Biden is overseeing the highest inflation in over 40 years and Democrats have an agenda that will only make inflation worse. #Bidenflation
https://t.co/o1TZyqOwT5— Senator Ted Cruz (@SenTedCruz) July 13, 2022
Joe Biden and the Democrats’ agenda:
9.1% inflation.
Highest inflation in 40 years. #Bidenflation
— GOP (@GOP) July 13, 2022
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