WASHINGTON, D.C. – Today, U.S. Senator Thom Tillis (R-NC) released the following statement after the U.S. Labor Department announced inflation has increased 7 percent over the last year, the highest in 40 years.

“If President Biden isn’t gravely concerned yet that inflation and his out-of-control spending are harming Americans and setting the stage for an economic downturn, now is a good time to start.”

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