WASHINGTON – Today, U.S. Senator John Barrasso (R-Wyo.), chairman of the Senate Republican Conference, issued the following statement after the May 2022 Consumer Price Index (CPI) numbers showed inflation rose 8.6% year-over-year.
“Americans woke up today to a double whammy of record inflation and record gas prices. The average price of gas is nearing $5 per gallon nationwide. The cost of every day goods remains at a four decade high. Prices that were once unimaginable are now reality.
“Too many people are putting off new purchases and cutting back because they cannot afford everything they once could. Gas tanks and wallets are running on empty.
“The president is completely out of touch about the real impacts of his price hikes. Families who were once getting ahead are now just trying to get by in today’s economy. Joe Biden owns this record inflation, and American families can’t afford his spin.”