WATCH: Chuck Schumer Claims Democrats Have Helped Lower Inflation

now on inflation yesterday Americans got a another piece of excellent news in the fight against inflation according to the Department of Labor the Consumer Price Index was measured at 2.5% in August compared to a year ago this floor chart illustrates just that two years ago two years after we pay pass the inflation reduction act in chips and science inflation has now slowed to a three-year low here's what it was in 2022 here's what it is right now it went from 88.3% when the chips and science Act and the inflation reduction act were passed to 2.5% today let me repeat two years after the inflation reduction Act and the chips and science act inflation has slowed to a three-year low Republicans claimed investing in America would make inflation Skyrocket and drive our economy into a recession instead the house has had the strongest sorry instead the US has had the strongest postco recovery in the world manufacturing construction at an all-time high nearly triple its peak during the last Administration and inflation continues to Trend lower and inflation has slowed despite Senate Republicans trying to block and derail so many of the bills we pushed in this chamber to lower costs and make life easier for American families remember when Republicans had a chance to vote for lower prescription drug cost for seniors they voted no when Republicans had a chance to cap insulin at $35 a month for Americans on Medicaid they voted no when Republicans had the chance to dramatically expand the child tax credit and cut child poverty in this country in half they voted no and when Republicans had the chance to invest in rebuilding America and bringing Advanced manufacturing jobs back to our Shores and open new factories for EVS and solar and chips many of them still voted no though then back home they tried to take credit for these jobs for 3 years Republicans have proudly been the party of no no Solutions no plans no attempts to fix our country's problems but today's report shows that the Democratic agenda is working this is dramatic and despite Republicans be best efforts to derail our country's recovery we've moved forward in a very positive way

Share your thoughts

Related Transcripts

WATCH: John Cornyn Speaks About Possible Government Shutdown thumbnail
WATCH: John Cornyn Speaks About Possible Government Shutdown

Category: News & Politics

Madam president today is the 23rd anniversary of the tragic death of about 3,000 americans at the world trade center and at the pentagon as well as in shanksville pennsylvania it's a sobering and solemn day it's one of the occasions uh the 9/11 is one of those occasions that you remember during your... Read more

Rep. Matt Gaetz Wondered, 'Is It Too Much to Ask for Criminal Prosecution?' thumbnail
Rep. Matt Gaetz Wondered, 'Is It Too Much to Ask for Criminal Prosecution?'

Category: News & Politics

Gentleman yields back chair recognizes the gentleman from florida mr gates yeah i had questions for mr ingram but that was a remarkable presentation from congressman kylie about how things have gone in california and when i heard that they had to close an in andout and a whole foods that is a broad... Read more

Liz Cheney Says Her Father Will Vote for Kamala Harris in the 2024 Election thumbnail
Liz Cheney Says Her Father Will Vote for Kamala Harris in the 2024 Election

Category: News & Politics

Dick cheney your father um a beloved figure among democrats uh for many many years uh do you uh if you know who he will be supporting or who he'll be voting for do you care to share with us who he might be voting for dick chinii will be voting for kamla harris wow word i never expected to hear yeah... Read more

🔥The 2024 Election MaP BaseD On Betting Odds From ALL 50 STATES! #trump #election #trending #short thumbnail
🔥The 2024 Election MaP BaseD On Betting Odds From ALL 50 STATES! #trump #election #trending #short

Category: People & Blogs

Who will win the 2024 election history is about to be made is trump making a comeback this election could reshape america america's future could change with this election are you ready this election might have the most controversial outcome in history brace yourself for surprises is there a secret game... Read more

Biden-Supporting Actor Steve Buscemi Punched in the Face in NYC thumbnail
Biden-Supporting Actor Steve Buscemi Punched in the Face in NYC

Category: News & Politics

So the nypd is asking for the public's help right now to help find this man we'll show you he's accused of randomly walking up to actor steve bashi and punching him in the face he was walking here along third avenue wednesday in broad daylight it was just before noon bashi was then taken to a nearby... Read more

Hilarious Celebrity Tweets Coping Over Biden's Debate Disaster thumbnail
Hilarious Celebrity Tweets Coping Over Biden's Debate Disaster

Category: News & Politics

What is wrong with these two moderators who let trump change the subject they asked him a question but then let him go on a rampage about something else it's not fair well joe biden answered the questions trump never did he fainted he wo he dodged he lied biden his voice weakened by a cold answered... Read more

David Axelrod: Harris dismisses Harris' lack of media access so far thumbnail
David Axelrod: Harris dismisses Harris' lack of media access so far

Category: Entertainment

What do you think harris needs to do in terms of the media do you think it's too she needs to come out and do more news conferences one-on-one interviews i'm sure i'm sure that she will do those things right now what she's been doing has been very effective i think you know these these rallies are great... Read more

Hunt  - No Child or Parents Should Experience this Tragedy : Witness said Kamala can live with them thumbnail
Hunt - No Child or Parents Should Experience this Tragedy : Witness said Kamala can live with them

Category: News & Politics

And for us to hear your testimony and for us to hear your stories it really warms my heart and i know that there's bravery left in this country and you represent that you embody that miss nry i am a fellow houstonian and i want to especially thank you for being here your tragedy hit very close home... Read more

Liberal Media claim Trump's "Abdul" Story FAKE 🤡 thumbnail
Liberal Media claim Trump's "Abdul" Story FAKE 🤡

Category: People & Blogs

The man who now leads the taliban in afghanistan mah abdul gani baradar mah abdul gani baradar co-founder of the taliban i could hear in malab baradar's voice uh that he knew president trump meant business cbs news has confirmed that cia director william burns met secretly in cabul with the taliban... Read more

Trump LASHES Out Calling Presidential Debate 'Rigged', Kamala Harris Pushes For 2nd Debate thumbnail
Trump LASHES Out Calling Presidential Debate 'Rigged', Kamala Harris Pushes For 2nd Debate

Category: News & Politics

[music] she's a marxist everybody knows she's a marxist her father's a marxist professor in economics and he taught her well one does not have to abandon their faith or deeply held beliefs to agree the government and donald trump certainly should not be telling a woman what to do donald trump and kamla... Read more

Donald Trump gets "Fact-Checked" by Mewing David Muir MONTAGE...😂 thumbnail
Donald Trump gets "Fact-Checked" by Mewing David Muir MONTAGE...😂

Category: People & Blogs

Is no state in this country where it is legal to kill a baby after it's born just want to clarify here you bring up springfield ohio and abc news did reach out to the city manager there uh he told us there have been no credible reports of specific claims of pets being harmed injured or abused by individuals... Read more

This Kamala Harris CNN Interview Was Actually Just a Gameshow thumbnail
This Kamala Harris CNN Interview Was Actually Just a Gameshow

Category: News & Politics

[music] how should voters look at some of the changes that you've made uh that you explained some of here uh in your policy is it because you have more experience now and you've learned more about the information is it because you were running for president in a democratic primary and should they feel... Read more