Largest year-over-year inflation spike ever

CNBC reports producer inflation rose 8.3% year-over-year, “which is the biggest annual increase since records have been kept.”

And Americans are feeling the pain.

A new CNN poll out this morning shows a plurality (43%) of Americans say cost of living is the biggest economic problem facing their family.

NRCC Comment: “Democrats’ reckless spending has already caused massive price increases and spending $3.5 trillion more will only make it worse.”  – NRCC Spokesman Mike Berg