Prices rose 11 percent in Phoenix and 10.8 percent in Atlanta last month—the highest of all major American cities—according to the Bureau of Labor Statistics. Democrats have blamed inflation on a variety of factors, including corporate price gouging, supply chain issues, and Vladimir Putin. But a growing number of economists say the $1.9 trillion American Rescue Plan was a major contributor to the nationwide price surge. Both voted in favor of the American Rescue Plan, with Warnock boasting that he cast a "decisive" vote. The report quoted an economist who said the American Rescue Plan "put gasoline on the fire."

Source: Daily Nation May 12, 2022 23:31 UTC