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Rep. Rose Slams Biden Administration’s ‘Reckless Spending’ Ahead of State of the Union Address

March 6, 2024

WASHINGTON, DC—U.S. Representative John Rose (TN-06) drew parallels between the economic policies of the Biden Administration and the inflated costs of basic consumer goods on the House Floor Wednesday.

 

The full remarks, as prepared for delivery, are below:

Mister Speaker, tomorrow, the President of the United States will appear in this chamber to deliver his annual State of the Union address—and hopefully his last.

I say this because since the president has taken office, prices have risen by 17.9%, according to the Consumer Price Index. If you ask the folks I represent in Tennessee, they’ve gone up far more than that. Compared to just three years ago, American are spending an extra $1,019 a month and real wages are down by more than 2% thanks to the Biden Administration’s economic policies.

Since taking the majority, House Republicans have fought tirelessly to rein in the Biden Administration’s reckless spending that has caused record-high inflation. A lot of left-leaning political pundits will criticize this Congress for not following in the footsteps of the last one, which was led entirely by Democrats that passed multiple spending monstrosities. But I’d argue that is a job well done by Republicans to hold the line and not give in to their insatiable desire to recklessly borrow money from future generations and spend it on Green New Deal projects and IRS agents.

These economic policies pursued by the Biden Administration have made it harder than ever before for new homebuyers to purchase a home. Even one out of eight retirees plan to return to work in 2024, according to a recent survey. They largely cite inflation as the main reason for doing so.

Mister Speaker, Americans should not be subjected to the constant threat of rising prices wreaking havoc on their paychecks and pocketbooks. As our national deficits and debts exponentially increase due to rising interest rates, our country has no choice other than to restore fiscal common sense in Washington. That’s why House Republicans are leading the way to do exactly that.           

          

You can watch the speech here.