Remarks
Currently showing results related to Economy
Democrats Celebrate Inflation and Market Plunge With White House Party
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "The American people's number-one priority is the runaway inflation that is smashing their family budgets and crushing our economy. "Yesterday, the latest inflation report showed that soaring prices are still completely out of control. "Inflation has totaled 13.2% since the day President Biden took office. "We've just had the worst 12 months f… Continue Reading
09.13.22
Democrats’ Inflation Keeps Pummeling Families with Worse-Than-Expected Report
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "Just a few minutes ago, yet again, the American people received a monthly inflation report that was even worse than the expert predictions. "The expectation was that Democrats' runaway inflation might finally begin to level off. The topline inflation rate was expected to fall. Instead, yet again, the opposite happened. Overall inflation was up … Continue Reading
09.12.22
Democrats Ignore Economic Challenges They Created for Americans
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "Tomorrow, the Labor Department will release the latest monthly update on the Democrats' inflation. "But of course, the American people hardly need government statisticians to explain to them that Washington Democrats' reckless spending has sent prices skyrocketing. "Working families have been feeling this pain in their pocketbooks every sing… Continue Reading
09.08.22
Democrats Taking California’s Energy Failures Nationwide
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding energy: "I've been talking all week about the ways that liberal policies hurt American families in their daily lives. "After two years of total Democrat control in Washington, we've seen how reckless spending comes home to roost in the form of decades-high inflation and shrinking paychecks for working Americans. "We've seen what happens when one of our tw… Continue Reading
09.07.22
Democrats’ Reckless Spending Has Hurt Kentuckians and All Americans
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "Washington Democrats have spent nearly two years borrowing, printing, and spending our economy into turmoil. "Families and businesses across Middle America are paying the price. I met with many of them in my home state of Kentucky over the past few weeks. "Since President Biden took office, prices in the Commonwealth have spiked by 13%. At the… Continue Reading
08.06.22
Democrats Who Caused Inflation Prepare Another Reckless Taxing-and-Spending Spree
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Democrats' Reckless Tax and Spending Spree: "A year and a half ago, Democrats misread a 50-50 Senate as a mandate for $1.9 trillion in party-line reckless spending. "The result has been the worst inflation in 40 years. With Democrats in charge, working families are having to spend thousands of extra dollars a year just to tread water. "Grocery costs are t… Continue Reading
08.01.22
Democrats Want Job-Killing Middle-Class Tax Hikes in a Recession
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "When it comes to our economy, American families do not trust this Democratic Party government one bit. "Nearly 90% of Americans are feeling anxious about inflation. 28% approve of how President Biden is handling it. Only 22% think things will get any better after another year on his watch. "Americans' distrust of Democrats stands to reason. … Continue Reading
07.28.22
Democrats Who Created Inflation and Recession Want Giant Job-Killing Tax Hikes
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding tax hikes and inflation: "Minutes ago, new data confirmed what a supermajority of Americans already knew: Democrats have plunged America into a recession. "According to official statistics, the U.S. economy just shrank for the second consecutive quarter. Democrats inherited an economy that was primed for an historic comeback and promptly ran it straight in… Continue Reading
07.27.22
Democrats’ Spin Isn’t Helping Americans’ Inflation Pain
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding economy: "Here's how Washington Democrats are describing the American economy. "From the White House last month, 'robust economic progress under President Biden's leadership.' "According to President Biden himself, our economy has, 'unique strengths that we can build on.' That it was, 'providing important breathing room for American families.' And that it… Continue Reading
07.26.22
Democrats Want to Follow Up Historic Inflation With Massive Tax Hikes
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "Ninety-three percent of the American people are concerned about inflation. "Forty-two percent say they are struggling just to stand still financially. "Sixty-three percent say that gas prices, inflation, bills, or the economy are their biggest concern. "That, Mr. President, is because 100% of the American people live in a country experienci… Continue Reading
07.26.22
Senate Must Act Quickly on Sweden, Finland NATO Accession and Bipartisan NDAA
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding NATO and Ukraine: "This past Saturday brought yet another escalation in Russia's brutal war in Ukraine. "The ink had barely dried on a deal securing safe passage for Ukrainian grain exports when Russian missiles hit the port city of Odessa. "Ukraine produces one fifth of the world's high-grade wheat. Russia's Black Sea blockade and destruction of Ukraine'… Continue Reading
07.25.22
U.S. Economy Headed Towards Recession, But Democrats Claim Otherwise
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "For the past year and a half, Washington Democrats have continually found new ways to be wrong about the U.S. economy. "Last springtime, Democrats insisted their plan to dump $1.9 trillion dollars onto the economy would not cause inflation. Here was the Democratic Leader in March of 2021: 'I do not think the dangers of inflation, at least in … Continue Reading
07.21.22
As Americans Struggle With Historic Inflation, Democrats Plan Tax Hikes
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "Washington Democrats' one-party government has performed an amazing feat: "In eighteen months, they've taken an economy that was ready to soar and completely derailed it with $2 trillion in unnecessary borrowing, printing, and spending. "Now, 9.1% inflation is pinching hardworking Americans every time they visit the gas pump or the grocery s… Continue Reading
07.19.22
Kentuckians Cannot Afford Another Year of Biden’s “Temporary” Inflation
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "A year ago today, with prices already rising, President Biden said high inflation was, 'expected to be temporary.' "One year later, after nine straight months of inflation over six percent, prices are now rising at their fastest rate in over 40 years. "Last week's inflation report confirmed on paper what working families have been feeling fo… Continue Reading
07.14.22
Democrats’ Failed Energy Policies are Hurting Americans and Helping China
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "Yesterday's CPI report told Americans what they already knew all too well: the disastrous effects of Washington Democrats' spending binge last year still have our economy in a vice grip. "Year-on-year, inflation has hit 9.1% for the first time since the fallout of the Carter Administration. And the signs are inescapable. Price hikes on everyt… Continue Reading
07.13.22
Democrats’ Runaway Inflation Hits Another 40-Year High
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "This morning, this all-Democrat government produced yet another absolutely terrible inflation report. "Inflation during the month of June shattered the experts' predictions. We are at 9.1% annual inflation. "Yet another fresh 40-year high. The most out-of-control inflation that American families have seen since the early 1980s. "Food costs … Continue Reading
07.12.22
As Inflation Hammers Small Businesses, Democrats Float Huge Small Business Tax Hike
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "We all know inflation and the economy are the biggest problems facing Americans today. "The New York Times released a poll yesterday showing a full 93% of working-age Americans are dissatisfied with the state of our economy. "We are a big and diverse country. 93% of Americans hardly ever agree on anything. But Democrats are unifying the coun… Continue Reading
07.11.22
Democrats Want to Tax Working Americans into Recession
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "'People have literally become poorer, by any concept, over the last year… It should not be a mystery why people are worried.' "That was top liberal economist, Jason Furman, last month. And he was right on both counts. "Democrats' reckless inflationary spending has already slapped what amounts to a gigantic tax hike on working American… Continue Reading
06.22.22
Inflationary Gas Tax Gimmick Won’t Hide Democrats’ Policy Failures
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the gas tax gimmick: "This morning, the Biden Administration announced another ineffective stunt to mask the effects of Democrats' war on affordable American energy: Calling for a holiday in the federal gas tax. "This ineffective stunt will join President Biden's other ineffective stunt on gas prices: emptying out the Strategic Petroleum Reserve that we ne… Continue Reading
06.16.22
Biden Administration’s Anti-Energy Policies Are Fueling Inflation
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding energy policy: "Tomorrow, President Biden will host the Major Economies Forum on Energy and Climate. "Meanwhile, working Americans will continue to face the consequences of his disastrous energy and climate policies. "While President Biden and his team have declared a holy war on America's domestic production, average gas prices have soared to over $5. By… Continue Reading
