DE SR33

Acknowledges rising national inflation and its negative impact on Delaware citizens, particularly higher prices for groceries and gasoline.

Attributes inflation to government stimulus spending, citing $6 trillion authorized through the American Rescue Plan, CARES Act, and other legislation, combined with Federal Reserve asset purchases exceeding $4 trillion.

Notes that federal debt now equals nearly 100% of GDP and Congress continues pursuing massive spending measures, including a $3.5 trillion budget resolution.

Warns that continued government spending increasing consumer demand while supply remains constrained will worsen inflation and harm purchasing power.

Urges the federal government to exercise fiscal restraint and implement policies focused on returning Americans to work and removing barriers to business investment rather than enacting additional spending measures.