Democratic Party of Wisconsin on Cooling Inflation

Jun 13, 2023

Democratic Party of Wisconsin on Cooling Inflation

MADISON, Wis. — Today, the Bureau of Labor Statistics announced that annual inflation has fallen for eleven months in a row, bringing inflation to its lowest annual rate in more than two years.

“While Republicans are fighting tooth and nail to give handouts to special interests and big corporations and increase the debt by hundreds of billions, the Biden-Harris Administration is delivering real results for working Wisconsin families,” said Democratic Party of Wisconsin Communications Director Joe Oslund. “Today’s strong Consumer Price Index report reaffirms what we already know: President Biden and Democrats are lowering costs for families while investing in America. Annual inflation has fallen for nearly a year straight and unemployment in Wisconsin has reached yet another record low, showing how Wisconsinites are reaping the benefits of the Biden-Harris Administration’s economic agenda everywhere from the gas pump to the pharmacy counter.”

Here’s just a few examples of how President Biden and Democrats are bringing down costs for working families: