WASHINGTON – U.S. Senator Roger Wicker, R-Miss., today released the following statement in response to the Consumer Price Index (CPI) number of 9.1 percent, a 40-year high:
“President Biden’s advisers warned him that his spending and energy polices would cause skyrocketing inflation. He did not listen and instead pushed on,” Wicker said. “The soaring inflation of recent months is directly traceable to this White House’s stubbornness. President Biden needs to stop passing the blame everywhere else and accept that the answer to this crisis is not more reckless taxing and spending.”
This month’s CPI figure of 9.1 percent is the seventh consecutive month that inflation has hovered over 7 percent. Americans are significantly altering their lifestyles to match rising costs, while costs are also stretching the defense budget thin.
President Biden reportedly received advance warning as early as April 2021 that inflation could severely damage his presidency, but he did not change course.