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Bidenflation

From denying inflation and claiming it was “temporary,” to passing the buck with “Putin’s Price Hike,” the White House and congressional Democrats are out of touch with the challenges Americans face. The typical family now has to spend $450 more per month to buy the same goods and services they did a year ago, prompting more Americans to rely on loans and credit cards to make ends meet, even as the Federal Reserve makes borrowing more expensive.

Brady: Workers’ Paychecks Keep Shrinking Alongside America’s Economy

May 27, 2022 — Bidenflation

After the Federal Reserve’s preferred measure of inflation remains near its highest annual increase in nearly 40 years – up 6.3 percent from the year previous – Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement: "Our economy is shrinking, and so are Americans’ paychecks. Congress’s nonpartisan forecaster is even ...

Brady: CBO Confirms Dems Fueled Labor Shortage and Bidenflation, Repeal of GOP Tax Cuts Leads to Slower Growth

May 25, 2022 — Bidenflation

A new report from the Congressional Budget Office shows that Democrat-generated high inflation will persist into next year and that the Tax Cuts and Jobs Act (TCJA) resulted in higher corporate and payroll tax revenues. Ways and Means Republican Leader Rep.Kevin Brady (R-TX) issued the following statement: “CBO’s latest report is independent proof that ...

Bidenflation Isn’t Going Away and Biden Will Only Make it Worse

May 12, 2022 — Bidenflation

On “Yahoo Finance Live,” Republican Leader on the Ways and Means Committee Rep. Kevin Brady (R-TX) outlined a better alternative for the economy than President Biden’s inflation-fueling proposals: cut COVID-era spending, address the worker shortage, and make the Trump tax cuts permanent.