Sen. Joni Ernst, R-Iowa, is leading a group of GOP senators in a speech Thursday putting the Biden administration on blast for rising prices nationwide, causing Americans to struggle to complete their shopping lists during the holiday season.

According to remarks exclusively obtained by Fox News, Ernst, who serves as vice chair of the Senate GOP Conference, will blast “Bidenomics,” as Americans are finding it difficult to pay for the rising price of gifts and other goods as Christmas approaches.

“[B]idenomics is causing everything to be backordered, delayed, unavailable, or just plain unaffordable,” Ernst will say. “Even Christmas trees are in short supply!”