Inflation is a tax on ALL Americans, and it has skyrocketed under Joe Biden’s failed leadership: Elise Stefanik
BREAKING: U.S. inflation jumps to 7.5% year over year in January, a 40 year high. Biden’s policies are destroying the economy faster than anyone could have predicted. Congresswoman and GOP leader Elise Stefanik said: Inflation is going up faster than wages. This is devastating for hardworking families. Inflation is a tax on ALL Americans, and it has skyrocketed under Joe Biden’s failed leadership. Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982 The inflation spike has been bad news for President Joe Biden, who has seen his approval rating tumble as consumer prices rise. The White House has blamed the price spike on supply-chain bottlenecks and other pandemic-induced disruptions in the economy, while Republicans have pinned it on the president's massive spending agenda and his energy policies targeting the oil and gas industries. Inflation surged more than expected in January, notching another 4-decade high as strong consumer demand and pa