ICYMI: Senator Casey Discusses His Fight Against Greedflation with Senator Elizabeth Warren During Campaign Stop
Senator Warren: “You Can Elect a Hedge Fund Guy to Go to Washington to Watch Out for […] Big Investors […] or You Can Elect […] Bob Casey, Who is in This Fight for You”
Senator Casey Has Led the Fight Against Corporate Greed to Lower Costs for Working Families
PENNSYLVANIA — Senator Bob Casey was joined by Massachusetts Senator Elizabeth Warren for a conversation with a live audience in Montgomery County for a discussion on fighting greedflation and lowering costs for hardworking families. Senator Casey has led the fight against corporate greed to deliver for Pennsylvanians across the Commonwealth.
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- From one commonwealth to another, U.S. Sen. Elizabeth Warren (D-Mass.) joined U.S. Sen. Bob Casey (D-Pa.) on the campaign trail Friday in the Philadelphia suburbs to highlight one of the central issues of his 2024 campaign: “greedflation.”
- “This is about concentration of corporate power,” Warren said. “Nobody has spoken more eloquently about this than Senator Casey and the focus on grocery stores and gas pumps.”
- During the 20-plus minute conversation, Warren also took a jab at Casey’s opponent, former hedge fund manager Dave McCormick.
- “What this fight is all about is you can elect a hedge fund guy to go to Washington to watch out for… I don’t think it’s going to be you,” Warren said. “To watch out for big investors, to watch out for private equity.”
- “Or you can elect somebody once again, like Bob Casey, who is in this fight for you,” she added.
- Another point Casey hammered home that he believes adds to the importance of the 2024 election is the 2017 GOP-backed tax bill set to expire in 2025. He described next year as the “Super Bowl of taxes,” and accused Republicans of wanting to “rig the system” for big corporations.
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- Warren: “People that work hard, who play by the rules, who budget, who are careful with their money, they really just don’t like being cheated, because that’s what’s going on here.”
- Casey: “You see it with all kinds of food and grocery stores, people paying more and these big corporations are laughing all the way to the bank.”
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- Casey, who is seeking a fourth term in the U.S. Senate, has introduced the Shrinkflation Prevention Act and the Price Gouging Prevention Act, both intended to highlight what he views as corporate greed.
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- “The Federal Trade Commission doesn’t have that power today, and that’s why I’ve been working with Senator Warren, who’s been leading on this for years, to pass that price gouging legislation, go into a court of law and prove when there’s price gouging engaged in by these big corporations,” [Casey] said.
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- The senators addressed leading the fight against “greedflation,” which Casey defined as “when greed governs the [pricing] decisions of major corporations.” They acknowledged that rising costs are a major issue for Pennsylvania voters and those across the nation.
- The senators discussed their goals of taking on pharmaceutical companies to lower drug costs, decreasing costs of childcare and helping Pennsylvanians afford basic necessities. Throughout the session, Casey reiterated his passion for supporting the middle class and addressing illegal price gouging practices.
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- “We’re talking about the biggest conglomerates in the world that are jacking up prices with impunity, and we’re not going to take it anymore,” Casey said.
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