Remarks
Currently showing results related to Economy
Democrats May Have Inflated America Toward a Recession
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding stagflation: "Before Democrats dumped $2 trillion on the economy last year, experts warned that such reckless spending would not just raise prices for working families, but could also trigger a full-on recession. "In February of 2021, for example, a prominent economist testified right here on Capitol Hill that Democrats' runaway spending might back the Fed… Continue Reading
06.13.22
Democrats’ Runaway Inflation Is Still Getting Worse
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "Runaway inflation has pushed workers and families to the breaking point. "According to one recent poll, nearly 60 percent of Americans are making an effort to drive less and cut back on electricity use. "3 in 4 are pinching their budgets for food and entertainment outside the home. And two-thirds are bracing for prices to climb even higher in … Continue Reading
06.07.22
Soaring Gas Prices, Runaway Energy Costs, and Dependence on China
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding energy: "In 2019, while running for the White House, President Biden made a public promise: 'I guarantee you we're going to end fossil fuels.' "Once in office, he wasted no time starting down that path. And working families are paying the price. "During the previous Administration, under Republican policies, our nation became a net exporter of oil for the… Continue Reading
06.06.22
Democrats’ Historic Inflation Is Failing Families
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "Last week, we paused to honor the men and women who have paid the ultimate sacrifice in service to our nation and in defense of our freedoms. "For families across America, the long holiday weekend also kicked off the excitement of summer traditions. But unfortunately, a year and a half into the failed policies of this all-Democrat government, e… Continue Reading
05.26.22
Democrats’ Economy: Harder to Fill the Tank, Harder to Get By
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "In America, inflation has topped 5% every month for the past year. The consumer price index continues to hover at levels our economy hasn't seen in four decades. "And as we head into Memorial Day weekend, the American people have become reluctant experts in its painful, real-life effects. "The average working family is now spending the equival… Continue Reading
05.24.22
“Biden Plan” Has Bought Americans Historic Hardships
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "On the campaign trail, Candidate Biden made some big promises for America's economic recovery. His campaign published 'The Biden Plan to revitalize Main Street and invest in small businesses' and another 'to give America's working families the tools, choices, and freedom they need to build back better.' "So, just how have working families and s… Continue Reading
05.19.22
Record High Gas Prices Reflect Democrats’ Misunderstanding
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding gas prices: "Today, the average price that American families pay for regular unleaded set an all-time high for the tenth day in a row. Ten straight days of record-breaking gas prices. "Getting to work, running errands, driving to church, visiting loved ones, hitting the highway for a modest family vacation - all of it costs 88% more at the pump today than … Continue Reading
05.17.22
Democrats’ Far Left Policies Have Made Inflation Families’ New Normal
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "By early 2020, before the pandemic, Republican policies had helped create one of the best economic moments for working Americans in our lifetimes. "Unemployment was low, inflation was low, and real take-home pay was rising steadily. In fact, we had wages rising faster for the bottom 25% of the wage scale than for the top 25%. "The incoming a… Continue Reading
05.11.22
Another Awful Inflation Report On Democrats’ Watch
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "The country just received yet another terrible inflation report. "Yet again, overall inflation came in higher than expected: 8.3 percent. Inflation continues to stick right around its worst level in 40 years. "The measure the Bureau of Labor Statistics calls 'core inflation' increased in April by twice as much as it increased in March. "Food … Continue Reading
05.10.22
Democrats Pushing Radical Partisans for Key Government Posts
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding nominations: "This week, our Democratic colleagues want a second run at some controversial nominees who stalled out last month. "Today, Senate Democrats will try again to confirm Professor Lisa Cook to the Federal Reserve Board. "Professor Cook has no proven expertise in monetary economics at all, much less fighting inflation. One of her main supposed qua… Continue Reading
05.10.22
Painful High Prices are Families’ New Normal
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "This all-Democrat government has managed a unique kind of economic turnaround. They took an economy that was ready to soar, turned it around, and drove it into the ground. "American families are being crushed by 8.5 percent inflation. Democrats' policies have unleashed the worst inflation in more than 40 years. "Last March, the Senate Democrat… Continue Reading
05.05.22
Democrats Want Working Families to Eat Elites’ Grad School Debt
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation and student loan socialism: "In Albany, New York, a grandmother of four reported recently that rising prices have forced her and her husband, a retired NYPD officer, to cut back on eating out. 'I feel it in the pocketbook,' she said. "In Grand Rapids, Michigan, one young family reported that before inflation took off, 'the paycheck went a little … Continue Reading
04.28.22
Democrats Who Fueled Inflation Now Want Giant Tax Hikes
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "Runaway inflation is crushing working American families on Democrats' watch. "The share of Americans who say the economy is our most important problem hasn't been this high since the last time Democrats controlled the White House. "Just this morning, we got a devastating quarterly GDP report. The economy shrank - shrank - 1.4% over the last th… Continue Reading
04.26.22
Democrats’ Backwards Border Policies Are Failing America
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the crisis at our southern border: "The Biden Administration's bad decisions have brought many crises upon our country. One of the worst is the collapse of law and order on our southern border. "Last month, Customs and Border Protection reported over 221,000 apprehensions. That's up 33% just since February. It's the highest monthly total in 22 years. We ha… Continue Reading
04.25.22
Democrats’ Runaway Spending Fueled Runaway Prices Facing Families
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "The Senate reconvenes today after Passover and Easter to begin a new work period. But unfortunately, the biggest problem facing the American people is the still same as it has been all year long. "Rising inflation is continuing to inflict painful consequences on working families across our country. This painful problem isn't getting better. It'… Continue Reading
03.31.22
Americans Accurately Blame Democrats’ Policies for Bad Economy
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "The American people know our country is hurting. "One national survey just found that only 22% say our country is headed in the right direction. "Seven in 10 Americans just told another poll that our nation's economy is 'in poor shape.' "The worst inflation in 40 years is fleecing American consumers, from the gas pump to the grocery store. … Continue Reading
03.29.22
Democrats’ Inflation Hammering Kentucky Families
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "Democrats' massive inflation is an inescapable, painful, daily reality for working families. "These policy failures have hammered my home state of Kentucky. Last year, even as many Kentuckians earned raises, prices skyrocketed faster. "Used car prices shot up 40% in the Commonwealth last year. "In Louisville, the gas to drive those cars costs… Continue Reading
03.22.22
Inflation and Fuel Costs Hurting Families and Small Businesses
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "America's working families continue to face strong headwinds as they try to make ends meet. The historic inflation kicked off by runaway liberal spending last year is still taking its toll, one paycheck at a time. "For many Americans, eating out once in a while was already a treat. "Now, restaurant menu prices are capping off the biggest 12-mo… Continue Reading
03.16.22
Runaway Inflation Was 12 Months in the Making — Not 3 Weeks
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: "Last week marked one year since Democrats rammed two trillion dollars of runaway liberal spending through the Senate on a party-line vote. "Working families were certainly not celebrating this anniversary. They were too busy contending with the worst inflation in modern American history, unleashed in large part by that very bill. "Democrats'… Continue Reading
03.15.22
Bipartisan Opposition to President Biden’s Radical Fed Nominee
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the Federal Reserve: "There is bipartisan Senate opposition to Sarah Bloom Raskin, President Biden's radical and unacceptable nominee to the powerful Federal Reserve Board position of Vice Chair for Supervision. "Runaway inflation is hammering American families. Democrats' reckless policies have backed the Fed into a tricky corner. Just this morning, the n… Continue Reading
