Senate Finance GOPers See Double-Digit Inflation Ahead If Biden Won’t Change Course

Senate Finance GOPers See Double-Digit Inflation Ahead If Biden Won’t Change Course
U.S. Sen. Mike Crapo (R-Idaho) attends a press conference on inflation at the Russell Senate Office Building in Washington on Feb. 16, 2022. Kevin Dietsch/Getty Images
Mark Tapscott
Updated:
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Sen. Rob Portman (R-Ohio) predicted on July 13 that inflation will soon hit double-digit figures if President Joe Biden and congressional Democrats move forward with their plans to boost taxes on most Americans.

“We just got the numbers this morning for Ohio—$8,300 bucks a year in additional spending on energy, on food, on utility bills generally, and on clothing.” Portman’s $8,300 figure is based on data from January through June and projected to the end of the year.

Mark Tapscott
Mark Tapscott
Senior Congressional Correspondent
Mark Tapscott is an award-winning senior Congressional correspondent for The Epoch Times. He covers Congress, national politics, and policy. Mr. Tapscott previously worked for Washington Times, Washington Examiner, Montgomery Journal, and Daily Caller News Foundation.
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