CNS News: Rep. Garbarino on Consumer Price Index Dip: ‘It’s More Expensive to Feed Your Family, So I Wouldn’t Be Celebrating’

The Bureau of Labor Statistics’ Consumer Price Index (CPI) rose 8.3 percent in April, down from 8.5 percent in March, but Rep. Andrew Garbarino (R-N.Y.) said that’s no reason for President Biden to celebrate, because inflation is still higher than expected.

“Yesterday he was blaming Republicans. Today he'll blame Putin. Tomorrow, who knows. I had a couple colleagues on the hill yesterday, a couple Democrats kind of celebrating that the CPI was 8.3 because last month it was 8.5, but nobody’s paying attention to the fact that this is still higher than what economists expected,” he told Fox Business’s “Mornings with Maria Bartiromo.”

“You know it's still more expensive to get milk. It’s still more expensive to get eggs. It’s still more expensive to get cereal. It’s more expensive to feed your family, so I wouldn't be celebrating a little bit of a dip from 8.5 to 8.3,” Garbarino said.

“This is a problem that has grown exponentially over the last year. It doesn't show any sign of stopping. I don't think anybody should be taking a victory lap, and I think President Biden should be looking inward when he looks at whose fault this is,” the congressman added.