Prices are still high even if inflation rates have somewhat decreased since June 2022. According to a Bureau of Labor Statistics report released on December 11.,
The consumer price index (CPI), which measures the cost of daily commodities, increased 2.7% year over year in November.
Massive government spending under the Biden-Harris administration has been blamed by some analysts for driving up inflation rates.
The U.S. Treasury Fiscal Data showed that as of Tuesday, the national debt was at $36.16 trillion. A request for response from the Daily Caller News Foundation was not immediately answered by a Paul representative.
