| Hello John, Did you see the news that inflation increased by 2.4% over the last year? The fact is that inflation is still too high — and it’s only getting worse. Far too many Americans are hurting from sky-high prices at the gas pump and grocery store. In fact, core inflation — a more reliable measure of the increase in costs for basic needs — actually increased by 3.3% since last year. That’s on top of the $11,000 more that families are paying each year since President Biden took office. As families continue to struggle under the burdens of higher prices, a new threat looms on the horizon. Key parts of the 2017 Tax Cuts and Jobs Act are set to expire, and millions of American families might see their budgets strained even further. Ninety percent of Americans agree that now’s not the time for tax hikes. But it’s critical we help elevate the voices of millions of Americans to urge Congress to take action. You can watch Americans for Prosperity’s senior fellow of fiscal policy, Kurt Couchman, take on the latest inflation report by clicking here or on the picture below. |