{"id":1541151,"date":"2022-07-06T09:05:46","date_gmt":"2022-07-06T13:05:46","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1541151"},"modified":"2022-07-06T09:05:53","modified_gmt":"2022-07-06T13:05:53","slug":"bidens-inflation-tackling-just-theater-says-top-republican-on-ways-and-means-committee","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-inflation-tackling-just-theater-says-top-republican-on-ways-and-means-committee\/","title":{"rendered":"Biden\u2019s Inflation-Tackling Just \u2018Theater,\u2019 Says Top Republican on Ways and Means Committee"},"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\">24<\/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%2Fbidens-inflation-tackling-just-theater-says-top-republican-on-ways-and-means-committee%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=1541151&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>The top Republican on the House Ways and Means Committee criticized President <a href=\"https:\/\/www.theepochtimes.com\/t-joe-biden\">Joe Biden<\/a>\u2019s efforts to tame soaring <a href=\"https:\/\/www.theepochtimes.com\/t-inflation\">inflation<\/a>, arguing that his proposals\u2014like rolling back some Trump-era tariffs on Chinese goods or a gas tax holiday\u2014amount to a \u201cpolitical gimmick\u201d and \u201ctheater.\u201d<\/p>\n<p>Rep. Kevin Brady (R-Texas), the Republican Leader on the House Committee on Ways and Means, made the remarks in an interview on CNBC\u2019s Squawk Box on July 5, in which he said Biden\u2019s policies have contributed to soaring inflation in a \u201cbig way.\u201d<\/p>\n<p>Inflation has been running at a 40-year high in the United States, with the most recent Consumer Price Index (CPI) data showing prices rising at 8.6 percent in annual terms.<\/p>\n<p>Alternate measures of inflation, however, put this figure much higher. Economist John Williams, who calculates a version of the CPI using the same way the government used before 1980, puts the\u00a0<a href=\"http:\/\/www.shadowstats.com\/\" target=\"_blank\" rel=\"noopener\">latest figure<\/a>\u00a0at 16.8 percent, a 75-year high.<\/p>\n<p>\u201cOur inflation overall is running about three points higher in America than it is in Europe and much of the rest of the world\u2013that\u2019s driven by Joe Biden\u2019s policies in a big way,\u201d Brady said in the interview.<\/p>\n<p>Brady argued that the Biden administration has no effective plan to cool prices.<\/p>\n<p>\u201cThe Biden Administration is trying to play a political game here that just isn\u2019t working to tamp down this raging inflation,\u201d he said.<\/p>\n<p> <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/Epoch_Times_9A6A4006-1200x800-1.jpg\"><\/a> Rep. Kevin Brady (R-Texas) joins Members of Congress and farmers from across the country to rally for the United States-Mexico-Canada Agreement (USMCA) on the National Mall in Washington on Sept. 12, 2019. (Samira Bouaou\/The Epoch Times) \u2018None of This Makes Sense\u2019 <\/p>\n<p>A big factor squeezing American households\u2019 budgets is the soaring price of gasoline, which is also a major contributor to the overall pace of inflation.<\/p>\n<p>The price of gasoline is around double what<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The top Republican on the House Ways and Means Committee criticized President Joe Biden\u2019s efforts to tame soaring inflation, arguing that his proposals\u2014like rolling back some Trump-era tariffs on Chinese goods or a gas tax holiday\u2014amount to a \u201cpolitical gimmick\u201d and \u201ctheater.\u201d Rep. Kevin Brady (R-Texas), the Republican Leader on the House Committee on Ways [\u2026]<\/p>\n","protected":false},"author":118,"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-1541151","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\/1541151","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\/118"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1541151"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1541151\/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=1541151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1541151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1541151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}