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.”