Republican officials slammed President Joe Biden and his “socialist agenda” while accusing him of “gaslighting Americans” over the acceleration of U.S. inflation in January despite efforts by the Federal Reserve to tame price hikes with higher interest rates.
On Tuesday, the Labor Department announced a 0.5 percent rise in January in the consumer price index — which measures what consumers pay for goods and services — compared with a month earlier.
The rise was higher than expected, signaling persistent inflation, even as the president insists record-high prices are ending.
In response, GOP members slammed the president for the spike in prices, pointing to his radical agenda.
“The most expensive Valentine’s Day ever,” wrote House Speaker Kevin McCarthy (R-CA).
“Joe Biden is continuing his premature victory lap on the economy despite today’s CPI report showing inflation surged last month,” wrote House Majority Whip Tom Emmer.
“But that gaslighting doesn’t work on anyone who’s had to go to the grocery store, put gas in their car, or pay their utility bills lately,” he added