1) Inflation Costing Average Families More Than $8,000 In Lost Purchasing Power
The Republicans on the congressional Joint Economic Committee have calculated that from January 2021 through the end of this year, Bidenflation will have cost the typical American family nearly $8,400. If these trends continue, this means that Biden’s inflation will have erased ALL of the $6,400 median household income gains that were made under Trump. Here are the lowlights:
Prices increased 13.3 percent from January 2021 to June 2022, costing the average American household $718 last month alone.
Even if prices stop increasing altogether, the inflation that has already occurred will cost the average American household $8,616 over the next 12 months.
In the United States overall, the monthly inflation cost in June 2022 was highest within transportation ($343), followed by energy ($214), food ($85), and shelter ($81).
Families in Colorado are facing the highest transportation inflation ($487) and shelter inflation costs ($149); families in California are facing the highest food inflation costs ($111); and families in Texas are facing the highest energy inflation costs ($282).
2) GOP Can Force Senators To Vote On The Ruinous Biden Energy Policies
If the Democrats move forward with their drug price controls/Obamacare bailout reconciliation bill from the ashes of Build Back Better, Republicans can bring to the Senate floor a parade of tough votes for Democrat Senators. This process is called “vote-a-rama.”
These votes would be excruciating for Democrats in the Senate because they would force every member to go on record as for or against the Biden agenda – for example cutting drilling here at home.
According to the author Chris Jacobs:
Republicans should offer numerous energy exploration amendments — the more, the better — echoing the 2005 language of Democrats’ reconciliation bill.
Passage of energy exploration amendments would infuriate climate activists, who even as gas prices have approached $5 a gallon are pressuring Biden “to stop new drilling for oil and gas as well as coal mining on federal lands and waters,” The New York Times reported. Conversely, if Democrats stay united and all vote against the Republican efforts, it will show how the Democratic Party supports higher gas prices — the prime issue facing American families today.
We suspect many Democrats in tough races this November won’t walk, but will sprint away from Biden policies. But then the whole bill could collapse if liberal Democrats refuse to approve the final passage of the bill, as amended.
3) Biden To Ignore The Supreme Court And Go It Alone On Climate
Just weeks after the centerpiece of Obama's climate strategy of making law through executive orders was smacked down 6-3 by the Supreme Court, Biden announced yesterday that there is a "climate emergency" so he will sidestep Congress again.
This is a commitment to even more aggressively wage war on oil and gas at a time when he insists he is trying to bring down gas prices.
As Biden spoke yesterday, his 37.1% RealClearPolitics approval rating was the lowest of his presidency and lower than Trump's all-time low.
This one is from New York. Per the Albany Times Union:
"ALBANY — One New York City family, led by entrepreneur Charlie Tebele, has donated nearly $300,000 to Gov. Kathy Hochul’s campaign.
Records also show that since December, Tebele's company was paid $637 million in taxpayer funds to provide the state Department of Health — an agency controlled by Hochul — with at-home COVID-19 test kits. The huge expenditure was made without the agency conducting competitive bidding."
Mass testing for a virus that has now attenuated to a bad cold for the vast majority of people really only benefits the testing companies – and their cronies.
The federal investigation into Hunter Biden and his tax affairs has reached a "critical stage," a source told Fox News, as officials are looking into whether to charge President Biden’s son with various tax violations, possible foreign lobbying violations and more.
But the source said no final decision has been made on whether to charge Hunter Biden, and stressed that the investigation is ongoing.
Given what appears to be overwhelming evidence, a decision not to charge would look like favoritism toward the First Family. But criminal charges could also reflect poorly on a president who insists he knew nothing about his son's international financial shenanigans.
