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Biden's Economic Crisis

The Director Of The CBO Will Brief Congress On One Of The Greatest Threats To America; Our National Debt

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At the invitation of Speaker McCarthy and Minority Leader Jeffries, the Director of the Congressional Budget Office (CBO) will brief Congress this afternoon on one of the most significant threats facing America, our national debt.    A recent CBO report highlighting the devastating national debt crisis burdening Americans thanks to reckless…

House Republicans Are Fulfilling Our Commitment to America

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House Republicans

In the new House Republican Majority, we have hit the ground running, working on behalf of the American people to provide critical checks and oversight on the Biden Administration and deliver on our legislative agenda, the Commitment to America—an Economy That’s Strong, a Nation That’s Safe, a Future That’s Built on Freedom, and a Government That’s Accountable.   FULFILLING OUR…

CBO Confirms Biden’s Reckless Spending Caused a Debt Crisis That Will Burden Americans for Decades

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According to the recent CBO report, the net interest of our national debt will amount to a $10.5 trillion burden for taxpayers over the next decade. This report is a clear indication that one-party Democrat rule in Washington caused an unprecedented explosion in federal spending and with it, an unsustainable national debt crisis that will burden hardworking…

House Republicans Are Fighting to REIN IN Inflation

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House Republicans

This week, House Republicans will hold Joe Biden and his Administration accountable for the reckless spending that has created the inflation crisis burdening families and small businesses across the country. In order to work toward an economy that’s STRONG, House Republicans will bring up for a vote the REIN IN Inflation Act, which is led by Chairwoman Stefanik and cosponsored by…

Inflation Came In “Hotter” Than Expected In January

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House Republicans

The Consumer Price Index (CPI), a key inflation index, came in “hotter” than economists had projected, increasing at an annual rate of 0.5 percent in January to 6.4 percent before seasonal adjustment, the U.S. Bureau of Labor Statistics reported today. This report shows that inflation is not cooling like the Biden…

Where Is Biden’s Budget?

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House Republicans

Joe Biden was supposed to deliver his FY24 budget to Congress on Monday, a deadline that he missed, and is reportedly planning to release his budget in March instead. Biden has repeatedly told Americans, “don’t tell me what you value. Show me your budget—and I’ll tell you what you value.”   Before Biden’s State of the Union Address, the American people have…

A New Poll Shows Americans Are Worse Off Financially Under Joe Biden

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House Republicans

A new ABC News-Washington Post poll reports more Americans than ever before say they are WORSE off financially than before the president took office. According to the same poll, six in ten Americans argue that President Biden has accomplished  “not very much” or “little or nothing” since taking office.    Tomorrow, Joe Biden will face the nation in his…

Biden’s State of the Union is Still in Crisis—But House GOP Has Hit The Ground Running to Deliver on Our Commitment To America

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House Republicans

Tonight, Joe Biden will pass the buck and double down on Democrats’ failed Far Left agenda in his State of the Union Address—but make no mistake, America is still in a state of crisis following two years of one-party Democrat rule in Washington. Luckily, House Republicans have already hit the ground running to deliver on our Commitment to America in this new House…

Novembers CPI Report Is Nothing To Celebrate As Inflation Remained High

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The Consumer Price Index (CPI), a key inflation index rose at an annual rate of rose 0.1% to  7.1%, in November on a seasonally adjusted basis after increasing 0.4% in October, the U.S. Bureau of Labor Statistics reported today.   MAKE NO MISTAKE: November's CPI report is nothing to celebrate. When Joe Biden took office, CPI was just 1.4% before skyrocketing to 40-year highs…

Joe Biden is the Grinch Who Stole Christmas

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Producers are struggling in Joe Biden’s cruel economy this Christmas. As the majority of wholesale Christmas tree growers raise prices, families across the country could now spend up to 15% more for Christmas trees this year. Heading into the holiday season, staggering energy costs caused the Producer Price Index to rise for the second month in a row, leaving our hardworking farmers,…