Congressman Flood: Biden’s Inflation Problem Still Out of Control

LINCOLN, NEBRASKA – Today, U.S. Congressman Mike Flood issued a statement following news that inflation had grown at a higher-than-expected level of 6.4% year-over-year.

“President Biden’s spending spree continues to drive high inflation. At 6.4% year-over-year, January inflation is outpacing the wage growth Americans experienced in 2022. Every month this goes on, inflation will further erode the buying power of the family budgets of working Americans. Until Washington gets spending under control, there is no clear end in sight for Bidenflation.”