WASHINGTON — Rep. Ron Estes (R-Kansas) released the following statement on today's Consumer Price Index.
"Inflation is at a devastating new 40-year high – crushing our economy and causing long-term damage to families and small businesses," said Rep. Estes. "While year-over-year inflation at 9.1% is bad, it's really even worse since Biden took office. Under total Democrat control in Washington, rising prices are actually up 12.6% and still accelerating. The Biden agenda has been a disaster for Kansas families and is not what we need for a strong America."
Today the U.S. Bureau of Labor Statistics released its June Consumer Price Index reporting consumer prices are 9.1% higher than the previous year, and showing real wages have dropped nearly 4.8% since President Biden took office.
Stay Connected
Enter your email address to get the latest updates straight to your inbox.
Stay Connected
Use the form below to sign up for my newsletter and get the latest news and updates directly to your inbox.