Frankenflation Continues to Soar at 8.3%

WEST DES MOINES — Grassley Works Communications Director Michaela Sundermann released the following statement regarding today’s Consumer Price Index (CPI) numbers.

“Mike Franken supported — and still supports — the reckless Biden agenda that led to historic inflation hurting Iowa families. He owns inflation just as much as every other big-spending Democrat who wasted taxpayer dollars and killed American energy independence.

“The scariest part about Mike Franken’s candidacy is that he’s committed to doubling down on the same policies that fueled the fires of 40-year high inflation Iowans are suffering from today.

“If Iowans think nearly $5 gasoline to get to work, more than $5 diesel to fill up their truck and tractor, and double-digit price hikes at the grocery store are bad, Mike Franken’s rubber stamp for President Joe Biden will make it even worse. Iowans can’t afford a continuation of the failed Biden economy and that’s exactly what Mike Franken would represent.”

BACKGROUND:
CPI hit 8.3 percent today continuing a forty-year high.

Franken says Biden is doing a “fabulous job“.

Franken supported the Inflation Reduction Act, cancellation of student loan debt and massive partisan spending under the Biden administration. 

Only 10 percent of Iowans believe the country is headed in the right direction under the Biden administration and Biden’s job approval rating is an “abysmal” 27 percent, a record low in the Iowa Poll. 

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