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'Inflation Reduction Act'

Democrats’ Manchin Biden Build Back Better bill means higher taxes, harassing IRS audits on lower- and middle-income earners, and no relief from inflation, all as America battles a recession.

“Democrats promise that no American will “see a penny” of tax hikes. Yet Congress’ own Budget Office debunks that claim, confirming the largest burden of higher taxes will come from middle-class families starting next year.” -Ways and Means Republican Leader Rep. Kevin Brady (R-TX)

Fact Check: Democrats’ Release of Confidential Tax Returns Was Unprecedented and Unnecessary

December 22, 2022 — Blog

On Wednesday, Ways and Means Democrats voted to release confidential taxpayer information, jeopardizing the right of every American to be protected from political targeting by Congress. Here’s the truth about how their unprecedented and haphazard actions sets a dangerous precedent that will allow majorities in Congress to target their political enemies. Democrats ignore that President ...

Democrat Bill’s Only Purpose: Provide Cover for the Political Targeting of a Private Citizen

December 22, 2022 — Blog

As Democrats attempt to justify unleashing a dangerous new political weapon that overturns decades of privacy protections for average Americans that have existed since the Watergate reforms, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) warned against their politically-motivated action that sets a terrible precedent. Speaking on the House Floor, Rep. Brady noted that ...

Brady Statement on News Reports of Democrats’ Rush to Release Confidential Tax Information

December 17, 2022 — 'Inflation Reduction Act'

After Democrats announced a hearing in which the Ways and Means Committee would review confidential materials, press reports stated that “Trump Tax Returns May Be Released After House Panel Meets Tuesday” (Wall Street Journal, Dec. 16). Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement: “Ways and Means Democrats are ...

Brady: Inflation Still Raging One Year After Biden Said It Peaked

December 13, 2022 — 'Inflation Reduction Act'

After the Bureau of Labor Statistics reported in its November Consumer Price Index (CPI) that inflation rose at 7.1 percent from the previous year, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement: “So much for President Biden’s claim that inflation peaked one year ago – grocery prices rose by 12 percent ...

Brady: Democrats Force Taxpayers to Cover Irresponsible Promises with Largest Private Pension Bailout in History

December 08, 2022 — 'Inflation Reduction Act'

After the Biden Administration announced this morning it was forcing taxpayers to pay $35.8 billion to the Teamsters-run Central States Pension Fund, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement: “The largest private pension bailout in American history—that only benefits a tiny minority of workers—comes ...

Former Democrat Treasury Secretaries Want More Funding for IRS They Unleashed on Innocent Taxpayers

December 06, 2022 — 'Inflation Reduction Act'

As Democrats supercharged the IRS with billions of dollars in new funding and plans for an army of 87,000 new agents to go after Main Street workers and working families, they went out of their way to dismiss past abuses by the agency. Now, former Clinton Administration Treasury Secretary Robert Rubin and former Obama Administration Treasury Secretary Jacob Lew