Williams: High Inflation Isn't the Status Quo
Summary
A statement dated February 14, 2023, in which Chairman Roger Williams (R-TX) responds to the latest Consumer Price Index (CPI) report. The statement attributes small businesses being under siege from out-of-control inflation to policies enacted by President Biden and allies in Congress. It says the rate of inflation moved from a low of 1.4 to a high of 9.1 percent, and describes the CPI reading of 6.4% as an example of the tough economic headwinds facing small businesses and families.
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“Williams: High Inflation Isn't the Status Quo.”
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Williams: High Inflation Isn't the Status Quo Source(print): https://smallbusiness.house.gov/news/documentprint.aspx?DocumentID=404459 Williams: High Inflation Isn't the Status Quo smallbusiness.house.gov Cmte Small Business (R) Contact: Williams: High Inflation Isn't the Status Quo Washington , February 14, 2023 - WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) issued the following statement regarding the latest Consumer Price Index (CPI) report. “The costly policies enacted by President Biden and his allies in Congress have left small businesses under siege from out-of-control inflation,” said Chairman Williams. “When I talk to small businesses, they tell me the most important issue they are facing is inflation. Despite efforts from the Democrats, life with this level of inflation is not normal, nor should it ever be. Under Biden’s watch, we have seen the rate of inflation jump from a low of 1.4 when he took office to a high of 9.1 percent . Today’s CPI reading of 6.4% is yet another example of the tough economic headwinds facing small businesses and families across the country.” ###
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