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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)

Biden-Flation Takes a Toll on Consumers’ Confidence

October 28, 2022 — 'Inflation Reduction Act'

As families continue to deal with rising prices in President Biden’s cruel economy, American consumer confidence once again dropped from September to October. This comes as at least 84 percent of Americans fear a recession will take place before the end of the year, prompting more than three in four families to make significant lifestyle changes, according to a new ...

Brady: Core Prices Reach Third Highest Level Under Biden, Nine Months After He Claimed Inflation “Peaked” 

October 28, 2022 — 'Inflation Reduction Act'

After the Bureau of Economic Analysis released its report for September’s personal consumption expenditures (PCE) showing core prices increased 5.1 percent from one year ago, the third-highest level under the Biden Administration, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement: “This is more bad ...

J. Smith: Republicans Will Defund Biden’s Supercharged IRS

October 27, 2022 — 'Inflation Reduction Act'

“A supercharged IRS that does not answer to Congress is dangerous,” writes Ways and Means member and Republican Leader of the House Committee on the Budget Rep. Jason Smith (R-MO) in a new op-ed for The Hill. Highlighting how Democrats ...

Brady: In New GDP Report, Biden Gets Fleeting “Ghost Growth” Hiding Alarming Red Flags for Stagnant Economy

October 27, 2022 — 'Inflation Reduction Act'

Top Republican on the House Committee on Ways and Means Rep. Kevin Brady (R-TX) issued the following statement on Thursday's Bureau of Economic Analysis report on U.S. economic growth in the third quarter (GDP): "With this report President Biden has failed to meet economic expectations for six of seven quarters in his term - even as economists have dumbed ...

Pelosi, Democrats Sweep Inflation Under the Rug As Americans’ Suffering Worsens

October 26, 2022 — 'Inflation Reduction Act'

"When I hear people talk about inflation, we have to change that subject,” said Speaker Nancy Pelosi in an interview with CBS News before going on to falsely claim that “inflation is a global phenomenon.” Meanwhile, more than 70 percent of families say they’ve been forced to cut back on basic necessities due to Democrat-fueled inflation. Unlike Democrats in Washington, ...