RISING PRICES HIT LOW-INCOME FAMILIES HARDEST Speaker: Congresswoman Shontel Brown Publication: Congressional Record Date: 16 June 2022 |
(Ms. BROWN of Ohio asked and was given permission to address the House for 1 minute and to revise and extend her remarks.) Ms. BROWN of Ohio. Madam Speaker, rising prices at the pump and at the supermarket are costing families more each month, and higher prices are falling hardest on low-income families, who spend a larger share of their budget on food and gas. Since the beginning of the year, gas prices have increased by nearly $2. No doubt, this is in part due to Putin's war in Ukraine, but it is also driven by oil and gas companies raising prices on consumers. Last month, the House passed the Gas Price Gouging Prevention Act to institute the first Federal law against profiteering by oil and gas companies. Today, the House considered and passed legislation to make cheaper and cleaner ethanol blends more available. These commonsense measures would get gas prices under control and put money back in families' pockets.