Majority Leader Schumer Statement On The Consumer Price Index Report And The Need To Pass The Build Back Better Act

Washington, D.C. –  Senate Majority Leader Chuck Schumer (D-NY) today released the following statement on the Consumer Price Index report and the urgent need to pass the Build Back Better Act to fight inflation and lower costs for American families:

“Today’s Consumer Price Index data makes clear: if we want to fight inflation and lower costs, the best thing we can do is to pass Build Back Better. While Republicans are fighting to undo vital measures that combat the pandemic and help American families, President Biden and Democrats are laser focused on raising wages, lowering costs, and creating jobs in the near- and long-term. The challenges facing Americans today are not unique to our country – the pandemic has created bottlenecks and economic disruptions across the globe, but just as 50 economists said today, the Build Back Better Act will work to alleviate the strains families are feeling from inflation over the long term.

“Build Back Better’s middle class tax breaks, lower prescription drug costs, more affordable child care and housing is just what the doctor ordered for American families’ pocket-books and continuing our historic economic recovery for years to come.”

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