Friend,
Prices are higher than they've been in 40 years; everyday life is less affordable for Iowans and Americans right now.
Over the past year, the cost of bacon has gone up 18.6%, the cost of pork has gone up 15.1%, the cost of fresh and frozen chicken has gone up 11.5%, and the cost of eggs has gone up 11.1%. We aren’t talking about luxury food — these are the items that pretty much every family puts in their cart when they are at the grocery store.
Energy costs are through the roof. The price of gasoline is up 49.6% — it’s costing Americans double to fill up their gas tanks. This disproportionately hurts people in rural areas who drive further to get to work or get to the store. Home heating bills continue to rise as well. As we know in Iowa, winter is here, and families can’t afford to keep their heat on and stay warm. A recent study found that in the last year, about 20% of Americans struggled to pay their energy bill at least once and 28% of Americans skipped buying food or medication so that they could pay their energy bill in the past year.
The American people are paying the price—literally—because Speaker Pelosi and President Biden began pouring trillions of dollars we didn't have into our economy last year. But inflation isn’t just a number or a percentage increase.
It’s an elderly person on a fixed income who can’t afford to pay their energy bill and go to the grocery store. It’s a mom who is forced to choose between buying enough food for dinner at the store or filling up the gas tank all the way. It’s a small business that can’t afford to keep the lights and heat on.
These are the stories I’m telling in Washington as Democrats continue to push for spending outside of our means. I am laser focused on getting out of this inflation trap that Democrats set for us through their multi-trillion dollar spending binge last year. I will work with anyone who will work with me on common sense economic policies that will help working families afford their everyday lives.
Read on for more about my work on behalf of Iowans this week!