Remarks
Currently showing results related to Economy
McConnell: “Americans Know That Stable Prices And Basic Safety Shouldn’t Be Much To Expect From Their Leaders”
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation and crime: “Last week, cumulative inflation since President Biden took office hit 19.4%. “Since January 2021, gas prices are up 47.8%. Car repair costs have increased 6.7%. And in barely two years, car insurance premiums have increased, listen to this, 45.8%. “Americans know that stable prices and basic safety shouldn’t be much to expect from th… Continue Reading
04.11.24
McConnell on SHOP Act: Comprehensive, Non-Partisan, Will Strengthen Confidence In Our Federal Judiciary
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) submitted the following remarks today regarding the SHOP Act. Below is the text as prepared for delivery: “Yesterday, with my colleagues the junior Senator for Arkansas and the senior Senator for North Carolina, I was proud to introduce the SHOP Act, a comprehensive, non-partisan solution to venue shopping in federal courts. “As I have said before, the problem with venue shopping is not a judge in north Texas. It’s a natio… Continue Reading
02.26.24
‘Bidenomics’ Code For Shrinking Paychecks
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: “Since President Biden took office, consumer prices have risen 17.9%. On his watch, our economy has seen inflation grow at its fastest rate in four decades. “As prices soared, wages failed to keep up. Paychecks have risen just 14.5%. In other words, the Biden economy has effectively imposed a pay cut across the board. “The effects of Washingt… Continue Reading
01.25.24
Democrats Confront Americans With High Prices And Surging Violent Crime
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation and crime: “Yesterday, President Biden offered an eerily honest assessment of the state of the union. ‘We’re fundamentally changing the economy in this country, and everyone’s getting a little worried about it…’ “I don’t say this very often, but the President is right about that. “The historic inflation brought on by Washington Democrats’ reckle… Continue Reading
01.18.24
Americans Aren’t Falling For POTUS’ Pitch On Bidenomics
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: “This year - like last year - President Biden is still taking to the road, trying to sell the American people on the wonders of Bidenomics. “But working families still see right through him. On average, they’re spending more than $11,000 more than they were when the President took office, just to maintain the same standard of living. “Less ta… Continue Reading
12.07.23
White House’s ‘Word Of The Year’ Is Crushing Working Americans
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Bidenomics: “Working Americans can’t seem to catch a break from Bidenomics. “Washington Democrats’ spending sprees on President Biden’s watch have driven inflation up 17.6%. And the effects are becoming inescapable. “In my home state, many small business owners have been forced to raise their prices to keep up with rising costs. “As one shop owner in Lex… Continue Reading
11.29.23
Working Americans Aren’t Buying ‘Bidenomics’
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: “President Biden is on the road today, and he’s facing an uphill battle to convince the American people that ‘Bidenomics’ is somehow working. “For months, the President has been touring the country with a rosy assessment of the economy on his watch. He’s been telling working Americans about what his Administration’s obsession with radical clim… Continue Reading
11.14.23
Bidenomics Is A Stubbornly Expensive Reality
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: “This morning’s October inflation report tells a story that has become familiar on President Biden’s watch. Prices remain stubbornly high, and well above the Federal Reserve’s 2 percent target. Prices are up 3.2 percent year over year. And cumulative inflation since the President took office now clocks in at 17.6 percent. “Even as the rate pr… Continue Reading
10.04.23
Even Democrats Begin To Realize That Bidenomics Is Failing
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: “I spoke yesterday about the list of urgent and unfinished business Congress has to address in the coming weeks. We’ll start with resuming our work on full-year appropriations - to invest in critical infrastructure, take care of America’s farmers, and continue modernizing our military to contend with adversaries like China. “But we’ll also nee… Continue Reading
09.27.23
Americans Are Tired Of Being Told Bidenomics Is Working
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: “The American people are absolutely sick, sick and tired, of living under Bidenomics. “According to one recent survey, nearly 70% of Americans think the economy is actually getting worse. And support for President Biden’s handling of the economy is at the lowest level of his presidency. “It might have something to do with the fact that since … Continue Reading
09.19.23
Shrinking Paychecks — That’s Bidenomics
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: “In a speech last month, President Biden claimed that American wages were growing faster than inflation, quote, ‘That’s Bidenomics.’ “Unfortunately for working families, the truth of Bidenomics is quite the opposite. “Even as nominal wages continue to rise, inflation is rising faster. For the third straight year, real median household income … Continue Reading
09.13.23
Bidenomics is Working… Against Working Families
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy: “I spoke yesterday about the Biden Administration’s war on American energy, and how working families are feeling it at the gas pump. But energy prices are not the only reason it’s been so hard to balance household budgets on Washington Democrats’ watch. “Just this morning, the Bureau of Labor Statistics announced that inflation increased by … Continue Reading
09.05.23
McConnell Recaps Kentucky State Work Period
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the recent Kentucky state work period: “I kicked off the month in West Kentucky and then in my hometown of Louisville, where I met with small businesses and community leaders. We had a candid conversation on the critical issues facing our state, from relentless inflation straining families and business owners to the challenges of finding workers in a laggin… Continue Reading
07.27.23
Democrats’ Reckless Spending is Hurting American Workers and Helping China
WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Democrats’ reckless spending: “Yesterday, Senate Democrats celebrated the approaching anniversary of their reckless taxing and spending spree. As the Democratic Leader put it, ‘this legislation is paying huge dividends.’ “Well, he’s right about that much. “But the windfalls from this deluge of liberal spendi… Continue Reading
07.26.23
Historic Inflation: “That’s Bidenomics In Action”
WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Bidenomics: “The Biden Administration has been working overtime to sell the American people a fantasy. The President would like working families who have struggled under two years of soaring inflation to believe their refrain that ‘‘Bidenomics’ is working for America’. “The White House Press Secretary declared rece… Continue Reading
06.13.23
Jared Bernstein Has a Long Record of Progressive Fantasies
WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding nominations: “Since President Biden took office, consumer prices have risen more than 16 percent. “American families are paying 20 percent more to put food on the table than they did in January 2021. And 36 percent more on energy. “But over more than two years of Washington Democrats’ runaway inflation, President Biden’… Continue Reading
06.06.23
“Keeping America Safe, Keeping America Fed, and Keeping the Lights On”
WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Senate business and national defense: “Last week, the Senate passed an agreement that preserved America’s full faith and credit and began to rein in Democrats’ runaway spending. “But the Senate’s work is far from over. Today, with the threat of economic crisis behind us, it’s time for the Senate to focus its full a… Continue Reading
05.31.23
Unified Republicans Put $1.5 Trillion In Spending Cuts On The Table
WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the debt limit: “Back in February, as Speaker McCarthy waited for President Biden at the negotiating table, the Democratic Leader predicted the future. “‘The side that’s unified has an upper hand.’ “Well, it’s safe to say that our colleague from New York was exactly right. “House Republicans stood uni… Continue Reading
05.18.23
President Biden’s Inflation Still Hammering Americans Two Years Later
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding inflation: "Last week's inflation report reinforced what working families across America already know: Washington Democrats' inflation is still packing a punch. "Prices climbed 4.9 percent from this time last year. Just in the last month, they accelerated nearly half a percentage point. "The Biden Administration called the news, 'welcome breathing room fo… Continue Reading
05.03.23
“President Biden Has Been M.I.A.”
WASHINGTON, D.C. - U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the debt limit: "Months of inaction from President Biden have left our nation drifting toward economic disaster. "His own Administration says our nation is only weeks away from a debt crisis. But there has been a total absence of presidential leadership. President Biden has been M.I.A. "First the President said he would not negotiate unless Speaker McCart… Continue Reading
