In 2022, amidst rising inflation, I'm sure you'll remember there was a lot of finger pointing. Was it supply chains, interrupted by war and the pandemic? Greedy corporations? Washington's failure to act?
All three played a role. And I was deeply disappointed that the Senate never even bothered to vote on my bill that would have made price-gouging by oil companies illegal. But in fall of 2022, armed with lots of data, I used a Congressional Hearing to get answers from an economist who confirmed what I saw the numbers pointing to: record, rising corporate profits were accounting for at least half of the higher prices consumers were paying.
Big corporations still are trying to play the victim here—saying they're just passing on higher costs to customers. But oftentimes, that's BS. From July through September 2023, the most recent period we have data for, corporate profits were just shy of the record peak they reached in 2022. Collectively, big corporations are making more than a *trillion* dollars more every three months than they were in 2017.
It's on Congress to rein in these corporations. Too many billionaires are getting richer while more and more families can't afford rent. And that's exactly why I'm running for the U.S. Senate.
I'm the only Democrat in this race who has never taken a dime from corporate PACs, but now I'm being outspent by my opponent who has taken these checks for decades. I need your support if we're going to compete. Our January end-of-month deadline is Wednesday at midnight. Is there anything you can give today?
Thanks in advance. I can't do this without you!
Katie
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