Crapo Statement on Inflation Reaching Nearly 40-Year High

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Crapo Statement on Inflation Reaching Nearly 40-Year High

The following press release was published by the United States Committee on Finance Ranking Member’s News on Dec. 10, 2021. It is reproduced in full below.

Washington, D.C.-U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) released the following statement after the November Consumer Price Index (CPI) release showed inflation reaching a 39-year high.

“Inflation is ravaging the pocketbooks of Americans, yet the Administration and Congressional Democrats continue to push a massive new spending package that’s front-loaded with short-term stimulus, which will only add fuel to economic fires."

Source: Ranking Member’s News

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