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GOP seeks to make Biden synonymous with inflation | TheHill


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SOURCE: http://thehill.com/policy/finance/563501-gop-seeks-to-make-biden-synonymous-with-inflation
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Summary

Republicans are seizing on rising inflation as they attempt to derail President BidenJoe BidenGraham says he'd 'leave town' to stop .5T spending plan Afghan ambassador, diplomats withdrawn from Islamabad Biden seeks to prove his skeptics wrong MORE’s economic agenda and take back control of Congress in next year’s midterm elections.GOP lawmakers have highlighted quickly rising prices and strategists believe the issue could resonate deeply with a broad range of voters while congressional Democrats push ahead with plans to spend trillions more.But many economists expect prices to cool off well before voters head to the polls, posing risks for the GOP’s strategy.For now, though, Americans are reckoning with higher costs for gasoline, food, automobiles and numerous other goods and services after prices plunged during the depths of the pandemic.Consumer prices have risen 5.4 percent in the past 12 months, according to the Labor Department, as the swift reopening of the economy pushes inflation higher.Republicans have started referring to “Bidenflation” on the campaign trail, and GOP lawmakers are getting theatrical with their attacks.Sen. Joni ErnstJoni Kay ErnstOvernight Defense: Pentagon details military construction projects getting .2B restored from wall funds | Biden chooses former commander to lead Navy | Bill seeks to boost visa program for Afghans who helped US Meghan McCain: Harris 'sounded like a moron' discussing immigration Senate bill would add visas, remove hurdles to program for Afghans who helped US MORE (R-Iowa) gave a speech on the Senate floor last week with a sign that read “The Price is Up,” accompanied by a “wheel of inflation,” making an obvious play on the “Price is Right” game show.On the House campaign side, the National Republican Congressional Campaign Committee this month released a batch of Fourth of July hitting vulnerable Democrats over the rising cost of "burgers, buns, propane and gas."For items such as hotel rooms, airfares and gasoline, prices have simply rebounded to their pre-pandemic levels.

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