Leader Kevin McCarthy:
With inflation at a 40-year high, the average American household spent $3,500 more in 2021 to receive the same goods and services as the year before. Not only are prices up, but workers real wages are down by 2.4% on average. As a result, working families have less purchasing power than the year before.
And don’t expect real action from the Biden administration to ease the strain on our supply chains. Remember when President Biden announced that the Port of Los Angeles would operate 24/7 with his administration’s assistance? That never happened.
Rep. Barry Loudermilk: “This is something that even the media cannot spin away from the American people, because they’re experiencing it every time they go to the store: Empty shelves. You’re waiting longer. You’re paying more and getting less.”