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Ryan Mackenzie: “The largest contributing factor [to inflation] is the…”

Featuring: Ryan Mackenzie, Republican | U.S. Representative, Pennsylvania's 7th Congressional District

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Legislative Report with Rep Ryan Mackenzie: Tax Relief & Honoring Fallen First Responders

Published | Video Starts at 01:15

And so those annual increases all of a sudden amount to higher prices overall. And right now, that burden is something that Pennsylvania families are really struggling with. And so The largest contributing factor [to inflation] is the overspending in Washington, D.C. D.C. when you have too much money coming out of Washington, D.C. that leads to almost the textbook definition of inflation when you have too many dollars chasing too few goods. (01:15–01:23)

CLAIM

Asserts that overspending in Washington, D.C. is the largest contributing factor to inflation.

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