WASHINGTON – Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement on the latest Consumer Price Index:
“Inflation is out of control with another gas price record hit today, yet Biden continues to lie to Americans and refuses to take responsibility for his failed agenda. Biden and Democrats’ reckless spending created the highest inflation in 40 years, and Americans are paying the price. Skyrocketing prices, Biden’s gas hike, and the deteriorating economy are on the ballot in November, and voters know Biden and Democrats are to blame.”
Background:
- April’s Consumer Price Index surged by 8.3 percent compared to last year – a near 40-year high.
- Core consumer prices – excluding food and energy – rose by 6.2 percent since last year.
- Real average hourly earnings fell 2.6 percent in April, with rising prices eating up any wage growth.
- Since Biden’s failed $1.9 trillion “stimulus” was passed, inflation has outpaced wages every single month.
- New records: Regular gas: $4.40 national avg. Diesel: $5.55 national avg.
- U.S. gas and diesel prices hit all-time highs today, according to AAA. These prices are even higher than in March.
- Biden’s latest lie has been debunked– the Washington Post gave Biden 3 Pinocchios for his claim that ‘congressional Republicans’ want to raise taxes.
