The Biden-Harris Economy Is Working Against Working Americans

WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the Biden-Harris economy:

"Since President Biden took office, consumer prices have increased more than 20 percent. That's the hard truth of the monthly inflation report. And it's worth remembering where it came from.

"Vice President Harris has said, quote: 'We are very proud of Bidenomics.' Wells she should be!

"After all, it was the Vice President herself whose votes here in the Senate helped send our economy into an historic inflationary spiral.

"Back in March 2021, she cast the tie-breaking vote on the motion to proceed to the so-called American Rescue Plan Act. And in August 2022, she did the same for passage of the so-called Inflation Reduction Act.

"Sure enough, the Vice President is rather proud of this record. The way she tells it, quote: 'through all our work, President Biden and I are building an economy that works for working people.'

"But does it really? If you ask some of the folks I talked to last month, you'd likely hear a different story.

"Two years on, high prices in the wake of the Inflation Reduction Act are still forcing working Americans to make tough choices. A mother in North Carolina told a reporter recently 'Sometimes I have to choose whether I'm going to pay the light bill…or do I pay all the rent or buy food or not let my son do a sport?'

"Surging prices are especially challenging for seniors on a fixed income.

"One Pennsylvania retiree observed recently that she was 'down to eating ramen for lunch, which I never ate in my life until recently…If it's not marked down, I just don't eat it. I haven't eaten beef since I don't know when. I can't afford it.'

"This is the economy that Vice President Harris has said is 'working for working people'.

"This is Bidenomics in action. Or perhaps it's time to give the economy the Vice President is so proud of a new name."

Permalink: https://www.mcconnell.senate.gov/public/index.cfm/2024/9/the-biden-harris-economy-is-working-against-working-americans