Republicans stare down inflation abyss with midterms fast approaching
CNBC Top News ·

Rep. Brian Fitzpatrick, R-Pa., talks with a reporter in the U.S. Capitol's Statuary Hall on Friday, March 27, 2026. Tom Williams | CQ-Roll Call, Inc. …
Rep. Brian Fitzpatrick, R-Pa., talks with a reporter in the U.S. Capitol's Statuary Hall on Friday, March 27, 2026. Tom Williams | CQ-Roll Call, Inc. | Republicans have said for months that inflation is former President Joe Biden 's problem. Now, they're staring down the barrel of an inflation crisis of their own making just in time for the midterm election , and the blame game is just getting started. Inflation ticked up to 3.8% year-over-year in April, the highest mark since 2023. Much of that spike is coming on the back of soaring energy prices, which have persisted since President Donald Trump launched a war in Iran. Trump and congressional Republicans swept into power in 2024 by promising to defeat the inflation that dogged Biden's presidency. But they now risk getting trounced in the 2026 midterm election due to their own inflation crisis, and they are struggling to find a clear message to battle high prices as the president pushes for a $400 million White House ballroom and a $1.8 billion taxpayer-funded legal relief fund for victims of government " weaponization ." Members of the congressional GOP are now left wondering whether their priorities are in the right place. "When half of America is living paycheck-to-paycheck, the word 'ballroom' should not be in anyone's vocabulary," Rep. Brian Fitzpatrick, R-Pa., a moderate who represents a swing district, told reporters at the Capitol. "We should always be focused on affordability, always. …
Original source: CNBC Top News
Mentioned
Capitol · United States · White House · Republicans · Donald Trump · Brian Fitzpatrick