After the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures (PCE) price index rose 6.3 percent from the year previous in July, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement:
“This is what a recession does, drives energy prices down as families can no ...
Working families and small businesses are struggling under 40-year high inflation and a recession, yet the Manchin-Biden Build Back Better bill provides greater benefits to the wealthy. Here are the top five ways it puts the wealthy and well-connected over working families.
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“It is obvious that adding new taxes would harm an already weakened economy and stretch family budgets to the breaking point,” warned Republican Leader of the House Committee on Budget and Ways and Means Member Rep. Jason Smith (R-MO) in a
While the Biden Administration attempts to redefine and rebrand the looming recession, American families are suffering from Democrats’
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Broad-based tax incentives will better address our global competitiveness
The Chinese Communist Party’s “Made in China 2025” plan seeks global dominance in 10 separate industries, which reach far beyond ...
After failing to reach consensus on a $5 trillion tax-and-spend spree, Democrats are now looking to pass a supposedly "slimmed-down" version of Build Back Better, funded by a tax on small businesses that is little more than a "Mom & Pop Paycut." While Democrats claim they are merely "closing loopholes," this is an expansion of a small business tax that will cripple our economy and harm Main ...
“Who raises taxes heading into a recession?” Republican Leader on the House Committee on Ways and Means Rep. Kevin Brady (R-TX) warned on CNBC’s Squawk Box. This comes amid ongoing discussions by Senate Democrats on a
With rising costs forcing families to make steep cuts to their household budgets, Americans’ expectations for the next six months have plummeted to a near-decade low, according to a
Democrats are doubling down on their failed policies that have fueled 40-year high inflation, this time, pushing for more spending and ...
While President Biden denies that his $2 trillion COVID stimulus sabotaged our economic recovery, he is doubling down on more spending and crippling tax hikes that would worsen inflation. Warning what’s at stake for American families under President Biden’s agenda, Ways and Means Republican and Republican Leader on the Budget Committee Rep. Jason Smith (R-MO) wrote an op-ed for ...
