“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) ...
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As working American families and Main Street businesses struggle through the highest inflation in 40 years, a looming recession, and a shrinking economy, Democrats have raised taxes and wastefully spent ...
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 ...
“Republicans have a strong record of bringing relief to American families and businesses. In 2017, we passed the most comprehensive overhaul of our tax code in more than three decades,” writes Ways and Means Member Rep. Vern Buchanan (R-FL) in
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,” ...
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)
“If Congress does not take action, working and middle-class families will face tax increases, which stifle domestic innovation and investment and make America less competitive abroad,” writes Ways and Means Member Rep. David Kustoff (R-TN) in a ...
Seniors who live on a fixed income are suffering in President Biden’s cruel economy, as the latest inflation report shows Americans continue to fall further behind.
As CNN
After worsening the energy crisis American families are facing by passing a $25 billion tax hike on American-made energy, President Biden is once again calling for a new tax on domestic producers.
Ways and Means Republican Leader ...
More than half of American adults have been forced to either scale back or completely cease contributions to their retirement savings as Biden-Flation continues to ravage the financial security of families, according to a new ...