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Longtime Dem senator rails against big companies’ inflation, but donor records show another story

Bob Casey, the longtime Pennsylvania Democratic state senator who has made “greedflation” and high store prices a key platform for his 2024 campaign, is among the donors vetted by Fox News Digital. Records show he has benefited from the big-box stores he criticized during his campaign.

“Bob Casey calls it greedflation and he’s fighting back,” said an ad the campaign ran in March.

“My plan would give the Federal Trade Commission the power to punish companies for price gouging. We would roll back huge tax cuts and put money where it belongs, in your pockets.” Casey says in the ad:

Another ad, Published in Aprildetailed that the prices of chicken, toilet paper, and cereal have all increased, shifting the blame onto “big corporations.”

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Pennsylvania Democratic Sen. Bob Casey Jr. leaves the Capitol after the vote on April 18, 2023. (Bill Clark/CQ-Roll Call, Inc, via Getty Images)

A review of Casey’s donations by Fox News Digital shows that Casey’s campaign has been the largest chicken producer in the U.S. since 2017, despite warnings that chicken prices have increased by 35%. It was discovered that he had received $9,000 from a PAC representing producer Cargill. According to data from the Federal Election Commission.

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poultry farm chickens

“Toilet paper is up 10% and profits are up $100 million,” the April ad declared. Procter & Gamble’s corporate PAC, which runs Charmin, has contributed $15,500 to Casey’s campaign since 2017. According to FEC data.

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kellogg's mini wheat bowls

A box of Kellogg’s Frosted Mini Wheats in New York, February 3, 2019. (Tiffany Hagler-Geard/Bloomberg via Getty Images)

Casey also criticized cereal companies for offering “same packaging, smaller boxes, familiar logos, and fewer servings during the inflationary woes of the Biden administration.” I have benefited from it.

A review of FEC data showed that since 2017, PACs associated with Kellogg Co. have contributed a total of $16,000 to Mr. Casey’s campaign.

Kellogg’s PAC (Kellogg Improvement Government Committee) ceased to exist after Kellogg split into two companies last year. A PAC controlled by WK Kellogg later donated $1,000 to Sen. Bob Casey.

“CEOs are secretly scaling back their favorite brands, charging more for less, offering the same packaging, smaller boxes, familiar logos, and fewer servings,” Casey said in an April ad. ” he said.

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Fox News Digital reached out to the Casey campaign to ask if it plans to return the donations given the accusations against large corporations and their CEOs.

“Bob Casey is an independent fighter who will always stand up for workers against corporate greed and companies that exploit Pennsylvanians,” Senate Bob Casey spokeswoman Maddy McDaniels told Fox News Digital. told.

President Joe Biden (left) with Senator Casey at a fire station in Allentown, Pennsylvania.

President Biden visits and addresses firefighters at the Allentown Fire Training Academy in Allentown, Pennsylvania. Pennsylvania Democratic Sen. Bob Casey, left, looks on. (AP)

Although the two ads do not name the companies, Mr. Casey previously named them in various Senate reports released by his office.

“One of the most despicable examples of shrinkflation is the changes made to Dawn Ultra and Dawn Ultra Platinum dish detergents.Procter & Gamble [sic], The makers of Dawn reduced the previously 7 ounce dish detergent to 6.5 ounces, but kept the physical size of the bottle the same and the price the same. They simply filled the bottle with a little less liquid and hoped the family wouldn’t notice. The following year, P&G reported that it did not have to offer any sales or price cuts and celebrated “returning $3.8 billion in cash to shareholders through approximately $2.3 billion in dividend payments and $1.5 billion in common stock repurchases.” Casey wrote. Shrinkflation report Published in 2023.

“Frost Flakes: Kellogg’s has increased the prices of its products by more than 14% from Q2 2022 to Q2 2023,” Casey’s Greedflation Details from November.

Inflation has fallen significantly from its 2022 peak of 9.1%, the highest since 1981, and currently hovers above 3%, which is still above the Federal Reserve’s target interest rate of 2%. ing. The economy and inflation under the Biden administration have since become top voting issues in the run-up to the 2024 election.

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“Despite inflation slowing, families still pay higher prices thanks to corporate greed, or greedflation. Under the guise of inflation, corporations raise prices for American families and From July 2020 to July 2022, inflation rose 14% and corporate profits rose more than 74%, almost five times the rate of inflation. added Casey on the official Senate page.

Dave McCormick advertising still image

Republican Senate candidate Dave McCormick appears in new ad (Dave McCormick Campaign)

Casey has served in the Senate since 2007 and is expected to face one of the most-watched races this year as he faces Republican challenger Dave McCormick.

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“It’s going to be a close and tough race,” Casey told NBC earlier this year. “But, you know, there’s a lot at stake every time. Every time I’ve run for office in Pennsylvania, I’ve had to earn the votes and the trust of the people. And I have to do it again. Tanda.”

McCormick’s campaign released an ad this week detailing the Bronze Star recipient’s time at West Point.

“I went to West Point with Dave McCormick, and Dave stood out as a leader in every way,” said former U.S. Army Capt. Cliff Harris. said in the video. “In the classroom and as an athlete. Dave McCormick embodies the values ​​of duty, honor and country that were instilled in us at West Point.”

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Mr. Casey was ahead of Mr. McCormick in various polls last month, but Republican challengers have recently been closing in on the Democrats as the race continues to heat up.

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