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Thank you, Madam Chair.
I appreciate Chairman Ryan working with you on the Legislative Branch Bill, it's really been a pleasure. Chair and Ranking Member Granger, I appreciate the chance to get to work with you all on this tiny, but mighty subcommittee.
Thank you, Madam Chair, for yielding.
Before I start, I want to recognize the subcommittee chair, Mr. Ryan. This is the last Legislative Branch Appropriations Bill he will bring before this committee, and I want to thank him for his dedication to improving the Congress during his time as chair.
Madam Chair, thank you for yielding.
As we sit here today, inflation is 8.6 percent above last year, the highest it's been in more than 40 years. Economists are saying American households should budget an extra $5,000 this year to cover rising prices – that's over $400 a month. Many families simply cannot afford this.
Prices of everyday goods have skyrocketed over the last year under the Biden Administration. For example:
Thank you, Madam Chair, for yielding, and for your work on the fiscal year 2023 State-Foreign Operations appropriations bill. I also want to recognize the work of the former chairman of the committee and the current ranking member of the subcommittee, Mr. Rogers.
I previously served as chair of this subcommittee and know that this bill funds many programs that have bipartisan support – the most important being the funding for Israel. I am pleased to see that Chairwoman Lee has included $3.3 billion for Israel's security.
