Philadelphia Inquirer: “Bob Casey Vowed to Fight Corporate Greed and Institute Harsher Penalties for Companies that Artificially Drive Up the Price of Goods”
Pennsylvania Capital-Star: “Bob Casey Focused on ‘Greedflation’ – His Term for Corporate Price Gouging”
PENNSYLVANIA – In a rousing speech at the DNC last night, Senator Bob Casey highlighted his fight to lower costs and take on corporate greed. He focused on greedy corporations that are unfairly jacking up prices on Pennsylvania families.
What Pennsylvanians Are Reading:
CNN: Senator Bob Casey on CNN with Wolf Blitzer
- Senator Casey: We have to, number one, expose [greedflation] as I have, but also take action against it. I want to pass a price gouging bill, so we can hold [big corporations] accountable, and we obviously should roll back their big corporate tax breaks because when they’re jacking up those prices, I don’t think they need those big corporate tax breaks.
- Senator Casey: There’s an obvious connection to corporate price gouging and corporate profits driving inflation – not the only cause – but if these big companies are not involved in price gouging, they got nothing to worry about with an investigation. But, I think we should have investigations when they gouge people.
Pennsylvania Capital-Star: Sen. Bob Casey rails against ‘greedflation’ at Democratic National Convention
- Continuing on a theme he first introduced last year, Pennsylvania U.S. Sen. Bob Casey focused on “greedflation” — his term for corporate price gouging — during a brief address at the Democratic National Convention on its fourth and final night Thursday.
- He described speaking with families about the rising cost of diapers. “Prices are up because these corporations are scheming to drive the market,” Casey said. “The people I’m talking to from Allentown to Erie, they don’t tolerate being ripped off.”
Philadelphia Inquirer: In DNC speech, Sen. Bob Casey says corporations are ‘extorting families at the checkout counter’
- U.S. Sen. Bob Casey vowed to fight corporate greed and institute harsher penalties for companies that artificially drive up the price of goods as a way to tackle inflation during a brief speech at the Democratic National Convention Thursday.
- Casey, a three-term Democrat up for reelection this fall, said he’s been pushing for a federal ban on price gouging and promised that if Vice President Kamala Harris is elected president, she “will sign a bill to do just that.”
- Members of the Pennsylvania delegation cheered “Bob! Bob! Bob!” as their senior senator took the stage.
Associated Press: Bob Casey takes corporations to task over ‘greedflation’
- Pennsylvania Sen. Bob Casey, who is running for reelection in one of the country’s most closely contested swing states, spoke about Harris’ promises to crack down on food producers and other corporations that she argues have unfairly raised prices to pad their profits.
Wall Street Journal: Bob Casey: Corporations are ‘scheming’ to drive up prices
- Sen. Bob Casey (D., Pa.), who is up for re-election this year, hit on themes during his DNC address Thursday night that have already been big for him on the campaign trail: rising prices.
- “Prices are up because these corporations are scheming to drive them up,” Casey said, a theme that dovetails with a major piece of Democratic presidential candidate Kamala Harris’s economic agenda.
PennLive: Sen. Bob Casey rips ‘greedflation,’ tells DNC how Kamala Harris will protect consumers as president
- Welcomed with a chant of “Bob, Bob, Bob” from the Pennsylvania delegation, Casey brought up moms complaining to him about the price of diapers, which he said increased by $15 in a six-month span.
- “This is greedflation,” said Casey.
- “The people I’m talking to from Allentown to Erie don’t tolerate being ripped off,” he said. “We’re fighting for honesty. Kamala Harris is fighting for it. Will you fight for it? All right, let’s go out and win this thing!” he said to cheers.
WHYY: DNC wraps up as Sen. Casey talks ‘greedflation,’ other Pa. pols reflect on the week
- Earlier in the evening, U.S. Sen. Bob Casey of Pennsylvania took the podium and promoted his top legislative priority, combating what he has called “greedflation,” when large corporations use inflation as cover to excessively raise prices and increase profits.
- Casey, who is being challenged by Republican nominee David McCormick for his U.S. Senate seat, filed a bill to prohibit “shrinkflation,” the practice of reducing the amount of product a consumer would get for the same price.
- “When big pharma jacked up the cost of insulin, we passed a bill to stop them,” he said. “Now, for millions of Americans, it’s capped at $35 a month.”
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