Ahead of Friday’s jobs report, the top Republican on the Ways and Means Committee Rep. Kevin Brady (R-TX) appeared on Fox Business’s “Mornings with Maria on Fox Business” by saying:
“The President’s economic record so far has been disappointing. Jobs numbers, a very damaging worker shortage, and of course price increases that are devastating to families and small businesses.
“The President’s jobs deficit — the difference between what he promised in his $2 trillion COVID stimulus and what he’s delivered — is over 600,000 jobs. He’ll need a big number, 1.3 million in September, to close that gap. Clearly he’s going to fall short of that.”
CLICK HERE to watch the full interview.
On “The National Desk with Jan Jeffcoat,” Rep. Brady also warned that Democrats’ tax hikes and spending are holding back our recovery by discouraging work, saying:
“The other thing that worries me is our local businesses are still struggling to find workers from Main Street to manufacturing. In this bill, there are a number of expansions of the welfare state that actually discourage Americans from reconnecting back to work. If that happens, we’re going to see higher prices for longer, and we won’t see the recovery most Americans are hoping for.”
CLICK HERE to watch the full interview.
KEY TAKEAWAYS:
President Biden has fallen short on his jobs promises and is slowing our recovery.
- Democrats’ untargeted welfare-without-work policies are holding back our jobs recovery by forcing Main Street businesses to compete with welfare-without-work benefits to fill record job openings.
With prices rising faster than wages, families’ paychecks are falling behind.
- Bidenflation is outpacing workers’ paychecks, with prices on track to increase to the highest levels in 40 years.
Biden’s tax increases will fall on the middle class and small businesses.
- According to the non-partisan Joint Committee on Taxation, within 10 years of a corporate tax increase, two thirds of the tax burden are borne by lower- and middle-income taxpayers – plus lower wages.
- The Tax Policy Center found that President Biden’s overall plan will raise taxes on 75 percent of middle-class families next year, rising to 95 percent of middle-class families over the long term.