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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.

Core Inflation Hits Highest In Biden Presidency

October 13, 2022 — 'Inflation Reduction Act'

After the Bureau of Labor Statistics reported in its September Consumer Price Index (CPI) that core inflation rose higher than expectations and to a new 40-year high, at 6.6 percent from the previous year – Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement: “This is terrible news for seniors and working ...

Brady: As Local Biz Pays Higher Prices, Expect Higher Inflation and Worsening Recession

October 12, 2022 — 'Inflation Reduction Act'

After the Bureau of Labor Statistics released its September Producer Price Index (PPI) reporting that wholesale prices rose for businesses by 8.5 percent from the previous year, higher than expectations, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement: “Main Street businesses continue to struggle with higher ...

President Biden’s Cruel Economy is No Joke

October 07, 2022 — 'Inflation Reduction Act'

While asserting that his economic plans were “no joke,” President Biden repeated several false and misleading claims about his so-called “Inflation Reduction Act” while touting today’s troubling jobs report at a manufacturing plant in ...

Brady: Economy Is Shrinking, Inflation Raging, and Job Growth Slowing

October 07, 2022 — 'Inflation Reduction Act'

Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement on the September jobs report from the Bureau of Labor Statistics: “The September jobs report is more proof that President Biden’s economy is a cruel one for most Americans. The economy is shrinking, inflation is raging, and job growth is slowing. Worse, the ...

Bracing for Biden Recession, Job Creators Are Tightening Belts

October 06, 2022 — 'Inflation Reduction Act'

In Biden’s cruel economy, there is little optimism for a good jobs report this Friday, as more businesses brace for a Biden recession.  With Biden-Flation delivering the steepest pay cut in 25 years, job creators are tightening their belts. A ...