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Luetkemeyer: Biden's Inflation Crisis is Devastating Small Businesses
WASHINGTON, D.C. – Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement on the atrocious Consumer Price Index (CPI) of 8.5 percent:
“President Biden and his allies in Congress are owning this horrific inflation crisis. Their constant need to recklessly spend money we don’t have has led this county on a path toward economic ruin with an annual increase in inflation of 8.5%. President Biden and the Democrats are responsible for the issues impacting small businesses every day and it starts with his inflation crisis,” said Ranking Member Luetkemeyer.
“When will the President realize the reckless spending coming from his administration and Speaker Pelosi is causing the skyrocketing increase in inflation? Only pro-growth policies designed to lower the burden on our small businesses and remove the unnecessary red-tape will help reinvigorate the American economic engine – which starts with our small businesses.”
“President Biden and his allies in Congress are owning this horrific inflation crisis. Their constant need to recklessly spend money we don’t have has led this county on a path toward economic ruin with an annual increase in inflation of 8.5%. President Biden and the Democrats are responsible for the issues impacting small businesses every day and it starts with his inflation crisis,” said Ranking Member Luetkemeyer.
“When will the President realize the reckless spending coming from his administration and Speaker Pelosi is causing the skyrocketing increase in inflation? Only pro-growth policies designed to lower the burden on our small businesses and remove the unnecessary red-tape will help reinvigorate the American economic engine – which starts with our small businesses.”
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