The U.S. Department of Labor announced Wednesday morning that the Consumer Price Index (CPI) increased .5 percent in July after rising .9 percent in June and tying last month's year-over-year increase of 5.4 percent — the largest jump since 2008. BREAKING: Consumer price index rises 0.5% in July, up 5.4% year-over-year. And while Democrats herald wage growth, the accompanying inflation is outpacing that growth and leaving Americans with less buying power. The result is a "Biden pay cut," according to Job Creators Network President Alfredo Ortiz. "Rapidly rising prices due to inflation are causing American workers' real wages to fall,"...