Press Release

ICYMI: Bob Casey Highlights His Fight to Lower Costs, While His Opponent Defends Corporate Greed on CNN Newsroom with Jim Acosta

Back to News

Senator Casey: “In 2025 We’re Going to Decide Whether or Not We’re Going to Give Away the Store to Big Corporations and Rich People Like Republicans Do When They Have Power, or Whether We’re Going to Give the Middle Class a Tax Cut”

PENNSYLVANIA – Senator Bob Casey drew a sharp contrast between his opponent, David McCormick, on delivering for working families in Pennsylvania in an interview on CNN with Jim Acosta. Senator Casey is fighting to lower costs for families by taking on big corporations, while McCormick continues to look out for his bottom line, defend corporate greed, and support huge tax giveaways to the wealthy.

Watch the full CNN Newsroom with Jim Acosta interview HERE

  • Senator Casey: I think the contrast in this race on democracy and voting rights, on womens’ rights, on workers’ rights is right in front of the people. It is a contrast both on the national level and in my race. My opponent and I are on two different sides on the question of supporting the Voting Rights Act, supporting the Women’s Health Protection Act to protect womens’ rights, and also workers’ rights. We have a measure to protect union rights that he is on the wrong side of
  • Senator Casey: I think the important thing for everyone who makes a presentation at this convention is to talk about that contrast: the contrast on rights, the contrast on Social Security, Medicare, Medicaid. The contrast on tax policy, which is going to be a big fight because in 2025 we’re going to decide whether or not we’re going to continue to give away the store to big corporations and rich people like Republicans do when they have power, or whether we’re going to give the middle class a tax cut, give some relief to working families.

Senator Casey has been leading the fight against greedflation and corporate greed:

  • Starting last fall, Senator Casey released a series of reports on corporate greed and greedflation. 
  • Senator Casey’s legislation to fight corporate greed and price gouging was mentioned during the State of the Union. 
  • Senator Casey was the first candidate to run ads about fighting corporate greed this election cycle.

Senator Casey’s leadership has inspired others to take on the fight against greedflation:

  • President Biden has credited Senator Casey for inspiring his greedflation push, which led to the President to spotlight the issue during the State of the Union.
  • Politico: “Biden, however, likes the “greedflation” and “shrinkflation” arguments, an interest sparked most recently conversations with Sen. Bob Casey (D-Pa.) during a January trip to Allentown, Pennsylvania.”
  • Politico Reporter Meredith Lee Hill: “How Biden came to embrace ‘shrinkflation’ attacks: Rising economic concerns, high food prices + ‘fewer’ chips for the price and chats with Sen. Bob Casey.”
  • Politico: “Grocery price gouging to feature prominently in Harris economic plan”
    • “Harris’ call for a federal ban on price gouging mirrors legislation from Democratic Sens. Elizabeth Warren (D-Mass.) and vulnerable incumbents Bob Casey (D-Pa.) and Tammy Baldwin (D-Wis.), among others.”

See Also: 

  • New York Times:
    • “It’s a winning message for Democrats,” said April Verrett, the president of the Service Employees International Union, which is knocking on doors in battleground states as part of a $200 million voter-turnout operation. “And clearly Bob Casey, who’s doing better in the polls than the president, is proving that it’s the winning message.”
  • Mr. Casey cut a campaign ad showing corporate executives in suits sneaking into a grocery store under cover of night and switching out cereal boxes for smaller replacements.
  • Few Democrats have done more to push the message that corporations are driving inflation than Mr. Casey, who is running for re-election in Pennsylvania and introduced a Senate bill that would crack down on “shrinkflation” — a term for companies reducing the size of their goods but not cutting prices. Mr. Biden praised that legislation during his State of the Union address.
  • Christine Romans on NBC’s TODAY Show: “From cereal to chips to detergent, so-called ‘shrinkflation’ may be squeezing down your favorite snack or takeout order, and your wallet. […] A December report from Senator Bob Casey’s office found shrinkflation most common in paper products and snacks.”
  • New York Times: Dealbook: “Look for more shrinkflation talk this year. Senator Casey, who has been focusing on consumers’ diminished purchasing power (and is running for re-election), has spoken with consumer-product trade associations about their members’ pricing strategies and packaging practices. He’s calling for legislation to address what he sees as a deceptive practice.”

###