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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.

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 ...

Biden’s Cruel Economy Missed Expectations Six Out of Seven Quarters

October 27, 2022 — Bidenflation

“President Biden has missed expectations in six out of seven economic quarters he’s led, even though those numbers have been dumbed down over time,” Ways and Means Republican Leader Rep. Kevin Brady (R-TX) said in a conversation with Stuart Varney on “Varney & Co.” on Fox Business, responding to today’s

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, ...

Brady: For Americans Suffering in Cruel Biden Economy, Taming Biden-Flation is Front and Center

October 25, 2022 — Bidenflation

In President Biden’s cruel economy, half of American workers have taken a net pay cut from Biden-flation, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) said on CNBC’s Squawk Box. Joining live from New York City, Rep. Brady outlined how Republicans plan to tame Biden-Flation and get the economy growing again like it was after Republican tax reform in ...

Biden May Get “Ghost Report” in 3rd Quarter GDP Numbers

October 25, 2022 — Bidenflation

Although forecasters expect the GDP to be close to three percent, any positive growth in this report is a “phantom,” as more than 20 forecasters project negative growth in the next three out of four quarters. This comes as the majority of Americans brace for a cruel Biden recession, with