On Wednesday, as news travelled across Capitol Hill that December’s consumer price index rose 7 percent (officially marking the third straight month in which inflation exceeded 6 percent – the fastest pace since 1982), PRINTING United Alliance and its allies in the business community issued a letter formally called on Congressional leaders to end negotiations to pass the Build Back Better Act, which contains tax hikes and increased regulatory fees and penalties.
Instead, Congress should shift focus to more immediate economic concerns, namely: rising costs, labor shortages and ongoing supply …