evidence: As Americans grapple with a 20% increase in overall prices since President Joe Biden took office, it is clear his administration’s economic policies have ushered in higher prices, leading to higher prices for everyone. Gas prices have soared by 55%, airfare has jumped nearly 40%, electricity costs are up 29%, and rent and grocery prices have surged by 21%. Perhaps most alarmingly, the monthly mortgage payment on a median-priced home has skyrocketed by a staggering 119%. The actual Consumer Price Index has reached an all-time high, repeatedly underscoring the cumulative effects of these price hikes during Biden’s tenure. Despite the administration’s attempts to downplay the situation, the year-over-year inflation rate held steady at 3.4% in May—unchanged from the previous month and significantly above the Federal Reserve’s target rate. This persistent inflation is a direct consequence of misguided federal policies. These rising costs have not occurred in a vacuum. The Biden administration’s approach has exacerbated the financial burdens on American families. From the reckless spending of massive stimulus packages to regulatory overreach that stifles economic growth, federal government policies have contributed to the ongoing inflation crisis. The result is a diminished purchasing power for everyday Americans, making it harder for many families to afford basic necessities.