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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)

Brady: While Inflation Continues to Rage, Workers Get Hit With Another Paycut & Housing Prices Hit Record High

November 10, 2022 — 'Inflation Reduction Act'

After the Bureau of Labor Statistics reported in its October Consumer Price Index (CPI) that inflation rose at 7.7 percent from the previous year, and real wages failed to rise 17 of the last 21 months, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement: “With persistent and high inflation for the foreseeable ...

J. Smith: Biden-Flation is Robbing Flyover Country

November 09, 2022 — 'Inflation Reduction Act'

“Rising prices are crippling Americans’ budgets, and at its core, inflation is a tax on rural Americans and the poor,” writes Ways and Means member and Republican Leader of the House Committee on Budget Rep. Jason Smith (R-MO) in a new

Republicans Vow to Hold the Government Accountable

November 07, 2022 — 'Inflation Reduction Act'

In a series of letters to top officials, Ways and Means Republicans have laid the groundwork for an onslaught of investigations into the Biden Administration’s abuses of power. The Committee will track down the waste of taxpayer dollars, fight for transparency, and hold the Administration accountable for its unprecedented executive overreach. Here’s how Republican Leader ...

Wenstrup: Democrats’ So-Called “Inflation Reduction Act” Robs Americans of Lifesaving Cures

November 07, 2022 — 'Inflation Reduction Act'

“The Inflation Reduction Act will wipe out nearly a third of the current annual spending on cancer research and development, leading to fewer new cures and discouraging innovation and investment in an industry that relies heavily on private sector funding,” writes Ways and Means Member and co-chair of the GOP Doctors Caucus Rep. Brad Wenstrup (R-OH) ...

Brady Seeks Info About IRS Tax Credit Mailers Given Suspicious Political Timing and Potential for Fraud

November 07, 2022 — 'Inflation Reduction Act'

With less than a month before the 2022 midterm elections, the Internal Revenue Service (IRS) sent a mailer to 9 million Americans informing them that they may be eligible to apply for tax credits. The IRS also took the unusual step of extending the typical deadline for such filing by a month. The timing of the mailers seems both “suspicious” and “political” – especially given that ...

Brady: Signs of Biden-Induced Recession in October Jobs Report

November 04, 2022 — 'Inflation Reduction Act'

After the October jobs report from the Bureau of Labor Statistics showed an increase to 3.7 percent unemployment and a decline in labor force participation,Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement: “The workforce is shrinking, job growth is slowing, and unemployment is rising – these are all signs ...