{"id":1215203,"date":"2022-01-13T20:04:23","date_gmt":"2022-01-14T01:04:23","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1215203"},"modified":"2022-01-13T20:04:25","modified_gmt":"2022-01-14T01:04:25","slug":"pramila-jayapal-fight-inflation-and-lower-costs-with-build-back-better","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pramila-jayapal-fight-inflation-and-lower-costs-with-build-back-better\/","title":{"rendered":"Pramila Jayapal: \u2018Fight Inflation\u2019 And \u2018Lower Costs\u2019 With Build Back Better"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpramila-jayapal-fight-inflation-and-lower-costs-with-build-back-better%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1215203&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Fundamentally, inflation consists of too many dollars chasing too few goods \u2014 but progressive Democrats are suggesting that more dollars will help ease cost pressures for American families.<\/p>\n<p>On Wednesday, the Bureau of Labor Statistics reported that consumer prices are <a href=\"https:\/\/www.dailywire.com\/news\/breaking-inflation-rises-7-in-december-over-previous-year-fastest-rise-in-almost-40-years\">rising<\/a> at a 7% clip as of December 2021 \u2014 the highest rate in roughly 40 years. Likewise, \u201creal average hourly earnings\u201d \u2014 which consider the effect of inflation \u2014 <a href=\"https:\/\/www.dailywire.com\/news\/in-2021-inflation-gave-the-typical-american-a-2-4-pay-cut\">decreased<\/a> by 2.4% from December 2020 to December 2021, starkly cutting the purchasing power of American consumers.<\/p>\n<p>To solve the problem, Democratic lawmakers are renewing their push for President Joe Biden\u2019s \u201cBuild Back Better\u201d plan \u2014 a multitrillion-dollar social welfare bill.<\/p>\n<p>\u201cWe fight inflation by lowering costs for working people,\u201d Rep. Pramila Jayapal (D-WA) tweeted. \u201cAnd we lower costs by passing Build Back Better.\u201d<\/p>\n<p dir=\"ltr\" lang=\"en\">We fight inflation by lowering costs for working people.<\/p>\n<p>And we lower costs by passing Build Back Better.<\/p>\n<p>\u2014 Rep. Pramila Jayapal (@RepJayapal) <a href=\"https:\/\/twitter.com\/RepJayapal\/status\/1481377948653424645?ref_src=twsrc%5Etfw\">January 12, 2022<\/a><\/p>\n<p>\u201cFamilies are struggling with soaring prices on everyday essentials like groceries, gas, housing, and health care,\u201d Sen. Elizabeth Warren (D-MA) added. \u201cMeanwhile, big corporations are making record profits. We need to pass #BuildBackBetter and boost competition to lower prices.\u201d<\/p>\n<p dir=\"ltr\" lang=\"en\">Families are struggling with soaring prices on everyday essentials like groceries, gas, housing, and health care. Meanwhile, big corporations are making record profits. We need to pass <a href=\"https:\/\/twitter.com\/hashtag\/BuildBackBetter?src=hash&amp;ref_src=twsrc%5Etfw\">#BuildBackBetter<\/a> and boost competition to lower prices.<a href=\"https:\/\/t.co\/vERt6iOg7o\">https:\/\/t.co\/vERt6iOg7o<\/a><\/p>\n<p>\u2014 Elizabeth Warren (@SenWarren) <a href=\"https:\/\/twitter.com\/SenWarren\/status\/1481375025852727298?ref_src=twsrc%5Etfw\">January 12, 2022<\/a><\/p>\n<p>\u201cRepublicans have no plan to address the global inflation problem,\u201d Rep. Bobby Scott (D-VA) suggested. \u201cExperts say the #BuildBackBetter Act will reduce inflationary pressures on the middle class by cutting taxes for working families &amp; by reducing the costs of child care &amp; prescription drugs.\u201d<\/p>\n<p dir=\"ltr\" lang=\"en\">Republicans have no plan to address the global inflation problem.<\/p>\n<p>Experts say the <a href=\"https:\/\/twitter.com\/hashtag\/BuildBackBetter?src=hash&amp;ref_src=twsrc%5Etfw\">#BuildBackBetter<\/a> Act will reduce inflationary pressures on the middle class by cutting taxes for working families &amp; by reducing the costs of child care &amp; prescription drugs.<a href=\"https:\/\/t.co\/XSaRDYYBAL\">https:\/\/t.co\/XSaRDYYBAL<\/a><\/p>\n<p>\u2014 Rep. Bobby Scott (@BobbyScott) <a href=\"https:\/\/twitter.com\/BobbyScott\/status\/1481416821844574208?ref_src=twsrc%5Etfw\">January 13, 2022<\/a><\/p>\n<p>\u201cThe Build Back Better act addresses inflation by lowering child care, energy, housing and healthcare costs for everyday Americans,\u201d Rep. Hakiem Jeffries (D-NY) said. \u201cRepublicans talk about inflation. House Dems are doing something about it.\u201d<\/p>\n<p dir=\"ltr\" lang=\"en\">The Build Back Better act addresses inflation by lowering child care, energy, housing and healthcare costs for everyday Americans.<\/p>\n<p>Republicans talk about inflation.<\/p>\n<p>House Dems are doing something about it.<\/p>\n<p>\u2014 Hakeem Jeffries (@RepJeffries) <a href=\"https:\/\/twitter.com\/RepJeffries\/status\/1481267185083428866?ref_src=twsrc%5Etfw\">January 12, 2022<\/a><\/p>\n<p>Meanwhile, White House Deputy Communications Director Kate Berner shared a news clip of Jared Bernstein \u2014 a member of the Council of Economic Advisers \u2014 arguing that the Build Back Better plan will \u201cease inflationary pressures.\u201d He also asserted that rather than discouraging work, the legislation\u2019s new social programs would \u201cboost labor supply.\u201d<\/p>\n<p dir=\"ltr\" lang=\"en\">The President\u2019s Build Back Better plan will lower costs families struggle with and ease inflationary pressures <a href=\"https:\/\/t.co\/46W1RQmxJ0\">pic.twitter.com\/46W1RQmxJ0<\/a><\/p>\n<p>\u2014 Kate Berner (@KateBerner46) <a href=\"https:\/\/twitter.com\/KateBerner46\/status\/1481286877596602376?ref_src=twsrc%5Etfw\">January 12, 2022<\/a><\/p>\n<p>Indeed, President Biden himself <a href=\"https:\/\/www.dailywire.com\/news\/white-house-claims-it-is-making-progress-on-inflation-as-consumer-prices-rise\">suggested<\/a> on Wednesday that the White House is \u201cmaking progress\u201d on inflation.<\/p>\n<p>\u201cToday\u2019s report \u2014 which shows a meaningful reduction in headline inflation over last month, with gas prices and food prices falling \u2014 demonstrates that we are making progress in slowing the rate of price increases,\u201d Biden said in a statement. \u201cAt the same time, this report underscores that we still have more work to do, with price increases still too high and squeezing family budgets.\u201d<\/p>\n<p>\u201cInflation is a global challenge, appearing in virtually every developed nation as it emerges from the pandemic economic slump,\u201d Biden added. \u201cAmerica is fortunate that we have one of the fastest growing economies \u2014 thanks in part to the American Rescue Plan \u2014 which enables us to address price increases and maintain strong, sustainable economic growth. That is my goal and I am focused on reaching it every day.\u201d<\/p>\n<p>Biden issued a similar statement on Twitter: \u201cToday\u2019s inflation numbers show a meaningful reduction in headline inflation over last month. We are making progress in slowing the rate of price increases. But there is still more work to do \u2014 I remain focused on lowering costs for families and maintaining strong economic growth.\u201d<\/p>\n<p dir=\"ltr\" lang=\"en\">Today\u2019s inflation numbers show a meaningful reduction in headline inflation over last month. We are making progress in slowing the rate of price increases. But there is still more work to do \u2014 I remain focused on lowering costs for families and maintaining strong economic growth.<\/p>\n<p>\u2014 President Biden (@POTUS) <a href=\"https:\/\/twitter.com\/POTUS\/status\/1481297907034857474?ref_src=twsrc%5Etfw\">January 12, 2022<\/a><\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fundamentally, inflation consists of too many dollars chasing too few goods \u2014 but progressive Democrats are suggesting that more dollars will help ease cost pressures for American families. On Wednesday, the Bureau of Labor Statistics reported that consumer prices are rising at a 7% clip as of December 2021 \u2014 the highest rate in roughly &#8230;<\/p>\n","protected":false},"author":99,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1215203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1215203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1215203"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1215203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1215203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1215203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1215203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}