Sen. Portman: Top Economists - Bipartisan Infrastructure Framework Does Not Worsen Inflation
July 16, 2021
July 16, 2021
WASHINGTON, July 16 -- Sen. Rob Portman, R-Ohio, issued the following news release:
On Tuesday, the Labor Department released their latest Core Consumer Price Index reading, showing that inflation surged to 5.4 percent year-over-year in the month on June, rising at its fastest pace in nearly 13 years. This continued rise in prices has led many to worry that big spending packages, such as the multi-trillion-dollar package proposed by the Biden administration and Congressional Democra . . .
On Tuesday, the Labor Department released their latest Core Consumer Price Index reading, showing that inflation surged to 5.4 percent year-over-year in the month on June, rising at its fastest pace in nearly 13 years. This continued rise in prices has led many to worry that big spending packages, such as the multi-trillion-dollar package proposed by the Biden administration and Congressional Democra . . .