Sen. Paul Blames Rise of Inflation on Biden Administration’s ‘Free Checks’
Sen. Rand Paul (R-Ky.) is blaming the Biden administration for triggering a rise in inflation and warns that more price increases are on the horizon.
We are losing “more to inflation” than what the government handed out in the form of free money, Paul said in an interview with Newsmax while responding to a NerdWallet study on how inflation affected household spending. “The inflation came from the free checks that were passed out. They shut the economy down. They sent free checks to everyone. And they said, oh, this will make up for it. But guess what? When people add up how much they’re paying for gas and the grocery store, it’s canceled out all the free money,” he said….