[ [link removed] ]Katie Porter for Senate



John,

In 2022, amidst rising inflation, I’m sure you’ll remember there was a lot
of finger pointing. Was it supply chains, interrupted by war and the
pandemic? Greedy corporations? Washington’s failure to act?

All three played a role. And I was deeply disappointed that the Senate
never even bothered to vote on my bill that would have made price-gouging
by oil companies illegal. But in fall of 2022, armed with lots of data, I
used a Congressional Hearing to get answers from an economist who
confirmed what I saw the numbers pointing to: record, rising corporate
profits were accounting for at least half of the higher prices consumers
were paying.

[ [link removed] ][IMG]

Big corporations still are trying to play the victim here—saying they’re
just passing on higher costs to customers. But oftentimes, that’s BS. From
July through September 2023, the most recent period we have data for,
corporate profits were just shy of the record peak they reached in 2022.
Collectively, big corporations are making more than a *trillion* dollars
more every three months than they were in 2017.

It’s on Congress to rein in these corporations. Too many billionaires are
getting richer while more and more families can’t afford rent. And that’s
exactly why I’m running for the U.S. Senate.

I’m the only Democrat in this race who has never taken a dime from
corporate PACs, but now I’m being outspent by my opponent who has taken
these checks for decades. I need your support if we’re going to compete.
[ [link removed] ]Our January end-of-month deadline is Wednesday at midnight. Is there
anything you can give today?



[ [link removed] ]Donate ›››



Thanks in advance. I can’t do this without you!

Katie




 


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