BIDENOMICS UPDATE: Fed Chair Powell says there's been a "lack of further progress" on inflation

A new report from the Joint Committee on Taxation found that North Carolina families are now paying an additional $992 per month due to Biden's inflation.

It's so bad that Federal Reserve Chairman Jerome Powell said today there's been a "lack of further progress" on inflation.

It’s all because of inflation — a hidden tax forced on Americans as a consequence of Biden’s inflationary spending.

Meanwhile, Biden’s inflation crisis rages on, rising for the third straight month nearly a year after he declared victory.

"Democrats are running on the failed economic policies of President Biden and must answer for their devastating impact on North Carolina families," said NCGOP Communications Director Matt Mercer.