Are you experiencing the agony of price increases every time you look at your bank statement?
The cost of inflation in 2021, calculated using the CPI, is currently at 7% for the entire country.
What if we zoom in on Washington state? To be sure, the cost of used cars in Washington has increased by 40%.
That is correct. Demand for used cars has increased significantly as a result of supply shortages.
Here’s some additional information from today’s show.
Senator Mitt Romney of Utah says he has a solution for many people who are struggling with price increases across the country. Romney has introduced a new programme that will increase financial security for American families by combining existing policies to create a single universal child benefit. The Family Security Act is the name of this new programme. The FSA-created child benefit would pay families with children $4,200 per child under the age of six and $3,000 per child over the age of six.
This is the proposal
Romney’s Family Security Act increases benefits and expands eligibility to include more parents, but it would supplant various welfare programmes in America, including food stamps (SNAP), cash assistance, and Medicaid.