GOP: The Price Of Inflation On America’s Businesses ...Middle East
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House Republican Leader Kevin McCarthy (CA-23) discussed the impact of inflation on America’s businesses. McCarthy was Tuesday’s KVML “Newsmaker of the Day”. According to McCarthy, America’s small businesses are hurting. The Producer Price Index rose 11% from April of last year and the consumer price index is still running at a 40-year high. Inflation is impacting American families, American workers, and American businesses. Whether it be for gasoline, food prices, or the worker shortage, the cost of doing business is much higher than before, and businesses pass the soaring costs to their customers. And these soaring costs just aren’t letting up. 88% of sampled small businesses said that
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