Press Releases
‘It’s a bad sign’: Hern reacts to 8.3% inflation in August
Washington, DC,
September 13, 2022
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Miranda Dabney
Tags:
Economy & Jobs
Representative Kevin Hern (OK-01) released the following statement after the Consumer Price Index increased 0.1% from July and 8.3% over last year. “Inflation remains the number one issue facing our nation,” said Rep. Hern. “August’s inflation numbers indicate that sky-high prices for shelter, food, and fuel are here to stay. It’s a bad sign; meanwhile, President Biden is set to throw a party for one of the largest spending bills in American History. Economists across the political spectrum are predicting the so-called Inflation Reduction Act to increase inflationary pressures. Americans are hurting, but Democrats in the White House and Congress continue to ignore their pain. We must stop the spending.” ### |