Sen. Marshall Statement on Biggest Inflation Surge in 40 Years

(Washington, D.C., January 12, 2022) – U.S. Senator Roger Marshall, M.D. issued the following statement after the U.S. Department of Labor announced the Consumer Price Index (CPI) surged 7% from a year ago, marking the highest inflation rate in 40 years.

“Unfortunately, the inflation we are seeing is here to stay so long as Joe Biden and the Democrats continue with their reckless taxing, reckless borrowing, and reckless spending agenda. Inflation is hurting every hard working Kansan, but none more than our seniors and families living paycheck to paycheck,” said Senator Marshall. “Joe Biden and the Democrats inherited a vaccine and a re-emerging economy ready to take off like a rocket ship – all they had to do was sit back and do nothing but now their out-of-control socialist spending spree has brought the highest inflation in 40 years.”

Senator Marshall was on FOX Business earlier today to discuss inflation. You may click HERE or on the image below to watch the interview.

CNBC: Inflation rises 7% over the past year, highest since 1982

Bloomberg:U.S. Inflation Hits 39-Year High of 7%, Sets Stage for Fed Hike

FOX News:Inflation surges 7% in December, highest rate in 40 years

Reuters:U.S. consumer prices post biggest rise in nearly 40 years; inflation close to peaking