Nevada Governor Joe Lombardo sent a letter to President Biden on Thursday urging him to slow inflation by curbing federal spending.
The governor also asked the president to take action on the housing shortage in Nevada according to a release from the governor's office.
“Here in Nevada, we are now at a stage where the housing shortage and inflation are tearing at the very fabric of our state,” said Governor Lombardo in his letter. “Just yesterday, the U.S. Bureau of Labor Statistics released the March Consumer Price Index, which showed that consumer prices spiked 3.5 percent over March 2023 – this is unsustainable. Your administration must halt excessive federal spending to curb future inflation, which will lead to irreversible calamity not only in Nevada but across the nation.”
The governor also expressed concerns about the impact of high inflation and interest rates on the housing market and reiterated concerns he expressed in a previous letter where he urged the president to quickly take action on the attainable housing crisis and to release federal lands in Nevada for development.
