Rep. Ted Budd Proposes Bill Requiring Biden White House to Complete Inflation Education Course
Washington, November 12, 2021
Washington, D.C. -- Rep. Ted Budd (R-NC) has proposed a bill to require all personnel in the Biden White House to complete a financial literacy course focused on inflation.
Rep. Budd said in a statement:
“Under the Biden Administration’s tax and spend policies, inflation has grown into a full blown crisis. Consumer costs have risen by the highest rate in decades, and it’s eating away at the buying power of every single North Carolinian. In the end, inflation is a tax that is directly caused by reckless spending under the Biden administration. White House Chief of Staff Ron Klain even floated the out of touch theory that inflation is a ‘high class problem.’ To address this administration’s clear lack of knowledge on this subject, every member of the White House staff should complete a course on the financial effects of inflation. Maybe then they will reconsider the dangerous fiscal course they are leading our country and its citizens.”