I am already hearing from Iowans and Iowa businesses about how folks aren’t even able to afford to drive to work! An internal analysis by the Biden administration’s own Treasury Department forecasts that this fall, gas prices could top $6 a gallon. To make matters even worse, the Biden administration’s ongoing effort to end domestic oil and gas production is fueling the elevated price at the pump, which reached an all-time high of more than $5 per gallon this summer. And as the reckless spending increases, the value of the dollar declines – meaning paychecks aren’t going nearly as far as they did just a year ago.
The reason is simple – President Biden’s tax and spend agenda.īut even now, with our economy in recession, Democrats are ignoring the struggles being inflicted on hardworking Americans, and continue to push one trillion-dollar-bill after another. Washington Democrats keep telling us not to worry and that the problem is only temporary, yet every month the mountain Americans have to climb to make ends meet keeps getting steeper and steeper.
Despite what the White House says, our economy is in a recession, and inflation is the highest it’s been in over 40 years.
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