|
|
|
Chairman Williams: Five Percent Inflation is Unacceptably High
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.”
“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.”
Ready for reliable and friendly service in a towing company? Combined with competitive rates? Call Force 1 Towing and Auto Body in Catasauqua at 610-266-6721