During remarks on the Senate floor, Senate Minority Leader Mitch McConnell (R-KY) spoke about Bidenomics.
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00:00On one final matter, cumulative inflation since President Biden took office now sits
00:07at 20.1 percent, and working families across America are still feeling the pinch in their
00:14wallets, especially when it comes to basic necessities like housing.
00:21In New Jersey, one man who's watched his rent soar said, I thought things were going to
00:28taper off, but it doesn't appear to be tapering.
00:34In my state of Kentucky, one resident said he was, quote, sticker shocked at the skyrocketing
00:40cost of homeowner's insurance, property taxes, and utility bills.
00:46And he's certainly not alone.
00:48One survey showed that nearly one in five homeowners could not afford a $500 emergency
00:55repair on their home.
00:59Last month, 46 percent of Americans reported that they are struggling to keep pace financially,
01:04and only 25 percent of this group said they planned on supporting President Biden.
01:12American people know which party ignored the warnings of top liberal economists, lit money
01:17on fire with reckless taxing and spending sprees, and fueled the worst inflation this
01:24country has seen since the Carter administration.
01:29American people are sick and tired of Bidenomics.
01:31I suspect they'll have more to say about it this November.