U.S. Senator Bob Casey (D-PA) released a statement Friday night in response to President Biden’s State of the Union address, calling on Congress to work together to address inflation and protect consumers.
“As the President declared tonight, the state of the American economy is strong, with record high job creation and record low unemployment,” Casey said. “Landmark investments from the Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act are bolstering our infrastructure, expanding our manufacturing sector, cleaning up abandoned mine lands, and setting our Commonwealth up for the economy of the future.”
Casey called the President’s call to address greedflation, shrinkflation, and other ways that big corporations are squeezing American families “good work.”
“We need to bring down costs for working families in Pennsylvania and across the Nation, and I’m glad the President shares my concerns about greedflation, shrinkflation, and other ways that big corporations are squeezing hardworking Americans,” he said. “We need to support our allies in Ukraine and Israel as they take on threats from Putin and Hamas, while ensuring that all innocent civilians caught in the crosshairs of war get the humanitarian aid they need.”
Casey has introduced several bills to address price gouging, including the Shrinkflation Prevention Act and the Price Gouging Prevention Act.
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Story source: www.casey.senate.gov