Washington, D.C. – Congresswoman Elise Stefanik today spoke on the House floor to urge her colleagues to support her bill, the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act. This bill would hold Joe Biden accountable for his reckless spending by requiring the Biden Administration to publish the inflationary impact of executive orders before enacting them.
The House will vote on final passage of this bill tomorrow.
Below is a transcript of her full remarks:
Madam Speaker, I rise today to urge my colleagues to support my REIN IN Inflation Act.
During the past two years of one-party Far Left radical Socialist Democrat rule in Washington led by President Joe Biden, inflation has skyrocketed to the highest level in my lifetime.
You talk to any family, any small business, any farmer, any manufacturer, they will say the inflation they are suffering from is crippling their businesses, crippling their family budgets.
It is a painful tax on every American. And Bidenflation continues to be the number one concern I hear today across my district in Upstate New York and the North Country.
In House Republicans’ Commitment to America, our new House Majority, the people’s House Majority, promised to deliver and support policies to ensure our economy is strong.
In fact, one of the main reasons we have this Republican majority is bcause the American people are smart. They know the historic inflation, the highest rate of inflation in my lifetime, is a direct result of Joe Biden’s executive orders and the trillions and trillions of reckless and wasteful spending from single-party Democrat rule.
In fact, in Joe Biden’s first year in office, he issued more executive orders than any President in my lifetime.
In just two years of failed leadership, Joe Biden issued a shocking 107 executive orders to advance Democrats’ radical Far Left Socialist agenda.
This reckless Far Left agenda cost hardworking families more than $1 trillion in taxpayer dollars and even more in the added cost of inflation.
Whether it was canceling the Keystone XL pipeline on his first day in office, to pushing the out of touch and costly ‘Green New Deal’ regulations, Joe Biden has fueled this inflation crisis and caused this inflation crisis working with the previous radical Socialist Democrat majority.
By passing the REIN IN Inflation Act, House Republicans will demand transparency for the American people by revealing how much Biden’s executive orders are costing hardworking families and the painful impact it has on inflation.
This is about transparency for the American people.
It is long past time for Joe Biden to take into account this harmful impact of this failed Far Left agenda.
Today, House Republicans are laser-focused on fulfilling our Commitment to America by reining in historic Bidenflation on behalf of hardworking American families and small businesses - not just in my district, but across this great nation.