What They’re Saying: “A Big Night for Senator Bob Casey’s Battle Against Corporate Greed and Price Gouging”
Pennsylvania Capital-Star: “Bob Casey Was Referenced…For His Work Highlighting the Practices of Corporations That Charge the Same Prices for Smaller Amounts of Product”
WHYY: “Casey Has Made a Mission of Attacking What He Calls ‘Greedflation,’ The Practice of Deceptive Pricing Tactics.”
PENNSYLVANIA – Last night, Senator Bob Casey’s leadership fighting back against shrinkflation and corporate price-gouging was prominently featured during the State of the Union. Senator Casey is leading efforts in Congress to take on corporate greed and crack down on shrinkflation and greedflation that are raising prices on Pennsylvania families and forcing them to pay more for less at the grocery store.
What They’re Saying:
- Last night was a big night for @SenBobCasey’s battle against corporate greed and price gouging. President Biden gave a shoutout to Casey’s Shrinkflation legislation during the State of the Union.
Pennsylvania Capital-Star: ‘Bobby’ Casey and shrinkflation get a shout-out during Biden’s SOTU
- Pennsylvania U.S. Sen. Bob Casey (apparently known to his Scranton friends as “Bobby”) was referenced by name in President Joe Biden’s State of the Union address on Thursday, for his work highlighting the practices of corporations that charge the same prices for smaller amounts of product.
- Last month, Casey introduced the Shrinkflation Prevention Act, which would penalize corporations that deceive consumers by selling smaller sizes of their products without lowering the prices, and the Price Gouging Prevention Act, which would crack down on corporate price gouging.
- “I’m glad the President shares my concerns about greedflation, shrinkflation, and other ways that big corporations are squeezing hardworking Americans,” Casey said in a statement following the address. “Solving these problems shouldn’t be partisan, and I call on Congress to work together and take action in the weeks and months to come.”
- Last fall, Casey released the first in a series of reports on “greedflation,” which he said demonstrated how corporations had raised prices using inflation as a cover, while they earned record profits.
- “Senator Bob Casey from Pennsylvania received a shout out from President Biden during his address. […] [Biden] referenced Senator Casey’s fight against so-called shrinkflation. That is when consumers are forced to pay higher prices for smaller products. Last week, Casey introduced a bill to combat that practice. […] Senator Casey’s bill would establish shrinkflation as an unfair practice. It would also allow the Federal Trade Commission to sue corporations that engage in it.”
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- The president also gave a shout out to U.S. Sen. Bob Casey, who is also up for reelection in Pennsylvania. Casey has made a mission of attacking what he calls “greedflation,” the practice of deceptive pricing tactics. This includes his Shrinkflation Prevention Act, which his office says will “crack down on corporations that deceive consumers by selling smaller sizes of their products without lowering the prices.”
- “During last night’s speech the President also called on Congress to crack down on shrinkflation with a shout out to Pennsylvania’s senior Senator from Scranton. […] Democratic Senator Bob Casey heads up the subcommittee that has been studying the impact of shrinkflation that is sponsoring a bill on the issue when corporations reduce the size of their products without lowering the price.”
Philadelphia Inquirer: Ahead of Pa. visit, Biden tells Congress to ‘pass Bobby Casey’s bill,’ in animated State of the Union speech
- He gave one of the only named shout-outs to a member of Congress to Sen. Bob Casey (D., Pa.), telling Congress to pass a bill Casey has aimed at cracking down on corporations shrinking products without reducing prices. Casey, a fellow Scranton native, is also up for reelection this year.
- “Snack companies think you won’t notice when they charge you just as much for the same size bag, but with fewer chips in it” Biden said. “Pass Bobby Casey’s bill and stop shrinkflation.”
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