High prices here to stay for New Yorkers

CNBC reports “Inflation rose more than expected in August… Economists had been expecting headline inflation to fall 0.1% and core to increase 0.3%, according to Dow Jones estimates.” 

The price of food is expected to increase by 11% this year and electricity prices continue to soar.

The so-called ‘Inflation Reduction Act’ that Sean Patrick Maloney and Paul Tonko supported is not working.

NRCC Comment: “Instead of combatting sky-high prices, Sean Patrick Maloney and Paul Tonko hiked taxes on the middle-class and hired IRS agents to audit struggling New Yorkers.” – NRCC Spokeswoman Samantha Bullock