Inflation

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Members: U.S. Congress
Time: 30 days
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Narrative Intelligence Brief

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This is the Inflation narrative, driven by 16 members in U.S. Congress, amplifying 21 narrative items.
This brief discusses the recent increase in US consumer prices, the impact of inflation on households, the shift in voter concerns from inflation to immigration, rising home prices compared to inflation rates, government initiatives to address inflation and climate change, and regulations on gas-powered vehicle emissions to combat global warming.
The U.S. Congress module tracks the official blogs, video channels, and social media accounts of all United States senators and representatives.
Click to see details for each one
Revitalizing Cleveland's Veterans Memorial Bridge for cyclists and pedestrians with $7 million federal funding
$7 million federal funding to re-open former streetcar level of Cleveland's Veterans Memorial Bridge for cyclists and pedestrians
EPA Proposal Controversy
Industry and lawmakers pressure EPA to reverse proposal for increased EV purchases, citing market readiness concerns and potential benefits to China
Biden advocates for raising corporate and billionaire minimum taxes to address deficit concerns
Biden emphasizes the need to raise corporate and billionaire minimum taxes to address deficit concerns and criticizes GOP tax plan
Political clash over immigration policies
Biden criticizes Republicans for abandoning bipartisan border deal, while Trump escalates anti-immigrant rhetoric
Contrasting approaches in winning back a district
Analysis of how Cooke's opponent Shankland is taking a different path to win back the district, with a focus on political strategies and endorsements
Illegal migrants breach Texas National Guard border fence in El Paso
Several hundred illegal aliens breached a border fence erected by the Texas National Guard in an attempt to unlawfully enter the United States, causing chaos and rioting in El Paso.
Morgan Luttrell (R-TX)
14% of the narratives in this brief were amplified by this member.
Eric S. Schmitt (R-MO)
10% of the narratives in this brief were amplified by this member.
Mike Flood (R-NE)
10% of the narratives in this brief were amplified by this member.
Maxwell Frost (D-FL)
10% of the narratives in this brief were amplified by this member.
Mike Braun (R-IN)
5% of the narratives in this brief were amplified by this member.
Lauren Underwood (D-IL)
5% of the narratives in this brief were amplified by this member.
Mike Bost (R-IL)
5% of the narratives in this brief were amplified by this member.
Suzan DelBene (D-WA)
5% of the narratives in this brief were amplified by this member.
Susan Wild (D-PA)
5% of the narratives in this brief were amplified by this member.
Troy Balderson (R-OH)
5% of the narratives in this brief were amplified by this member.
President Joe Biden
Acknowledged the need to bring down inflation. Proposed a $7 trillion+ budget.
Senator Mike Braun
Expressed concern about inflation crisis hurting Hoosier households.
Former President Donald Trump
Presumptive Republican nominee for the 2024 presidential election. Focusing on illegal immigration as a key issue.
Acting Labor Sec'y Julie Su
Noted that wages haven't kept up with inflation since President Biden took office. Mentioned job creation and inflation reduction.
Congressman Maxwell Frost
Advocating for a federal grant program for individual artists through the CREATE Art Act.
Inflation Crisis
Affecting American households, leading to credit card debt and reduced savings contributions. Hindering financial planning.
2024 elections
Immigration is now a top concern for voters, surpassing inflation. Former President Trump emphasizing illegal immigration as a key issue.
Environmental Regulations
Biden administration finalizing regulations to curb gas-powered vehicle emissions, aiming to reduce greenhouse gas emissions and combat global warming.
Greenhouse Gas Reduction Fund
A national-scale program created by the President's Inflation Reduction Act. Provides grants for clean energy and climate projects to reduce greenhouse gas emissions.
The Harris Poll
Conducted a survey showing immigration as the top concern for voters in the 2024 elections.

WORLD EVENTS

TOP ITEMS

Amplifiers:
Eric S. Schmitt (R-MO)
amp.cnn.com
CPI report: Stubbornly high US inflation grew stronger than expected in March | CNN Business
US consumer prices picked up again last month, vaulting to a 3.5% increase for the 12 months ended in March. That's up considerably from February's 3.2% rate and marks the highest annual gain in the past six months. President Joe Biden acknowledged Wednesday there is more to do to bring down inflation.
Amplifiers:
Mike Bost (R-IL)
dailycaller.com
Immigration Overtakes Inflation As Top Voter Concern In 2024: POLL
Immigration has overtaken inflation as the top concern for voters in 2024s elections, according to a survey released on Monday by The Harris Poll. Former President Donald Trump, the presumptive Republican nominee for the 2024 presidential election, along with Republican candidates nationwide, have sought to make illegal immigration a top political issue. The survey was conducted between March 20 and March 21 among 2,111 registered voters across the United States.
Amplifiers:
Morgan Luttrell (R-TX)
foxbusiness.com
Americans are draining their retirement accounts, racking up debt due to high inflation
The chronic inflation crisis is hindering millions of Americans' ability to prepare for their financial future. Nearly 7 in 10 respondents said they have not contributed as much to their savings due to inflation. 51% of Americans said they are racking up more credit card debt in order to pay for necessities. Nearly 42% of households reported dipping into retirement savings because of inflation.
Amplifiers:
Mike Flood (R-NE)
businessinsider.com
Home prices have risen more than double the pace of inflation since the 1960s
Home prices in the US have risen at 2.4 times the pace of inflation since the 1960s, study finds. Since 2013, inflation has clocked in at 31% while the median home price has risen by 63%. If the trend continues, by 2050, average home price will cost 8.4x the median household income.
Amplifiers:
Maxwell Frost (D-FL)
epa.gov
Greenhouse Gas Reduction Fund | US EPA
The President's Inflation Reduction Act created a first-of-its-kind, national-scale program: the Greenhouse Gas Reduction Fund. The Fund will provide competitive grants to mobilize financing and leverage private capital for clean energy and climate projects that reduce greenhouse gas emissions.
Amplifiers:
Maxwell Frost (D-FL)
billboard.com
Why the U.S. Needs a Federal Grant Program for Individual Artists
U.S. needs a federal grant program for individual artists, says Congressman Maxwell Frost in a guest column. Public funding for the arts has remained relatively steady in absolute terms, but inflation-adjusted spending on the arts by local governments has declined consistently throughout the 2000s. The CREATE Art Act proposes a novel grant system for artists of all disciplines.
Amplifiers:
Troy Balderson (R-OH)
foxnews.com
Biden finalizes crackdown on gas cars, forcing more than half of new car sales to be electric by 2030
The Biden administration has finalized a slate of highly-anticipated environmental regulations curbing gas-powered vehicle tailpipe emissions as part of its broader efforts to reduce greenhouse gas emissions and combat global warming. The regulations will help "tackle the climate crisis" by reducing transportation sector's carbon dioxide emissions by a staggering 7.2 billion metric tons over the course of the program, which will be in effect through 2032.