Mitch McConnell leads Republicans in profiting off of corporate price hikes
As millions of Americans buckle under the weight of record-breaking inflation, Republicans in Congress have remained adamant that President Biden, or rather "Bidenflation," is the main culprit of price increases across the board, dismissing concerns of corporate profiteering out of hand. But a new analysis reveals that Republicans are collecting millions of dollars in donations from the very corporations under scrutiny, calling into question the party's ability to honestly assess just what's causing prices to soar.
According to an Accountable.US report exclusively obtained by Salon, three Republican senators and fifteen members of the House GOP caucus have raked in at least $5,709,425 from corporations that have used inflation as a pretext for jacking up prices.
"Corporate profits were the highest they were last year, and you have the Republican caucus in the Senate and the House basically trying to give them a pass," said Tony Carrk, Executive Director of Accountable.US.
Chief among Corporate America's political guardians is Senate Republican Leader Mitch McConnell, R-Ky., who last year raked in $1.24 million from industry behemoths like Walmart, Kroger, Chevron, Johnson & Johnson, and Ford.
https://www.msn.com/en-us/news/politics/mitch-mcconnell-leads-republicans-in-profiting-off-of-corporate-price-hikes/ar-AAW1OCh