U.S. House of Representatives Committee on Ways and Means
07/03/2022 | Press release | Distributed by Public on 07/03/2022 12:35
Fourth of July Prices Explode Like Fireworks
Fourth of July Prices Explode Like Fireworks
July 3, 2022 - Bidenflation - Blog - Press Releases - Talking Points
This Independence Day is set to be the most expensive in the holiday's history as prices explodeand Biden-Flation burns holes in Americans' pockets.[Link]
Americans can't afford to travel after Democrats' War on Energy sent energy prices skyrocketing.
- Americans are paying the highest gas prices in Independence Day history, with prices at the pumpbottle rocketing up 55 percent higher than last year.
- According to AAA, plane tickets are up 14 percent and hotel reservations are up 23 percent, compared to last year.
Higher food costs take a bite out of BBQ budgets.
- This year, Americans' cookouts will cost at least 17 percent morethan last year, when the White House braggedthat Americans were saving 16 cents.
- Two pounds of ground beef will cost roughly $11.12, up 36 percent from last year, according to the American Farm Bureau Federation. The cost of chicken and pork chops are also up more than 30 percent.
Explosive shipping costs send fireworks' prices through the roof.
- According to the American Pyrotechnics Association, overall costsare up more than 35 percent.
- As reportedby USA Today, "importing product costs about $45,000 per shipping container today compared with $8,000 to $10,000 in 2019."