Chairman Williams: Five Percent Inflation is Unacceptably High
Summary
An April 12, 2023 press release carrying Chairman Roger Williams (R-TX)'s statement on the latest Consumer Price Index (CPI) report. Williams says "there is nothing to celebrate" when CPI comes in at 5 percent against a 2 percent target, that Main Street America still signals inflation as its top concern amid rising interest rates and an uncertain credit environment, and that Williams and colleagues "will be a bulwark against President Biden's proposals" for more spending.
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“Chairman Williams: Five Percent Inflation is Unacceptably High.”
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Chairman Williams: Five Percent Inflation is Unacceptably High Source(print): https://smallbusiness.house.gov/news/documentprint.aspx?DocumentID=405494 Chairman Williams: Five Percent Inflation is Unacceptably High smallbusiness.house.gov Cmte Small Business (R) Contact: Chairman Williams: Five Percent Inflation is Unacceptably High Statement on March CPI Washington , April 12, 2023 - WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) issued the following statement regarding the latest Consumer Price Index (CPI) report. “When the target inflation rate is 2 percent there is nothing to celebrate when the CPI data comes in higher at 5 percent,” said Chairman Williams . “Main Street America is signaling inflation is still their top concern and with rising interest rates and an increasingly uncertain credit environment, they see no relief in sight. My colleagues and I remain committed to enacting pro-growth policies to support Main Street America and will be a bulwark against President Biden’s proposals to spend trillions more in inflationary spending.” ###
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