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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.

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: 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 ...

Brady: White House Fear Mongers on Social Security While Inflation Crushes Seniors

November 02, 2022 — Bidenflation

While President Biden falsely claims credit for an automatic increase in Social Security payments, even reporters from the New York Times and the Washington Post are debunking the claim. “There's so much disinformation and fear mongering coming out of the White House. I think everyone understands why Social Security payments went up: Because inflation is crushing so many seniors,” ...

Tax Scorekeeper Confirms Democrats’ Partisan Child Tax Credit Policy Costs Taxpayers $1.4 Trillion, Reduces Economic Growth & Removes Workers

November 02, 2022 — Bidenflation

A permanent extension of the Democrats’ 2021 Child Tax Credit policy would cost taxpayers $1.4 trillion over the next decade, reduce economic growth, business investment, and labor force participation while resulting in higher inflation, according to a recent analysis by the Joint Committee on Taxation (JCT)