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As Americans are Paying Nearly $6,000 for Biden’s Inflation Tax, Democrats Plan to Raise Taxes More on Those Making Less Than $400,000
Since President Biden took office, Americans have struggled to pay President Biden’s inflation tax. Real wages have fallen 5.1 percent, with families spending $3,500 more…
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FACT SHEET: Democrats’ Inflation EXPANSION Act Increases Debt by $114 Billion
House Budget Committee Republican Leader Jason Smith (MO-08) today released a fact sheet exposing how the Washington Democrats’ so-called “Inflation Reduction Act” relies on budget scoring gimmicks and false sunsets to hide…
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Scorekeeper Confirms Nearly Half of New Taxes in Democrats’ Proposal Fall on U.S. Manufacturers as America Spirals into Recession
WASHINGTON, D.C. — As America spirals into a recession, domestic manufacturers will soon face a higher cost of doing business as a result of Washington…
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Sen. Manchin’s Favorite Budget Model: “Inflation Reduction Act” Will Increase Inflation
On Friday, researchers with the Penn Wharton Budget Model – a favorite of Senator Joe Manchin (D-WV) – reported that the newly revived Build Back…
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GAO Report Reveals Federal Student Loan Program Costs Taxpayers $311 Billion as Biden Prepares to Spend Hundreds of Billions in Loan Cancellations for the Wealthy
House Budget Committee Republican Leader Jason Smith (MO-08) released the following statement after a report from the Government Accountability Office (GAO) found that the Department…
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Smith Demands Answers on Taxpayer-Funded Stimulus Checks Biden Sent to Prisoners, Foreign Citizens, Illegal Immigrants
House Budget Committee Republican Leader Jason Smith (MO-08) has introduced legislation to compel the Biden Administration to release all available information and documents regarding taxpayer-funded…
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Democrats In Their Own Words: Don't Raise Taxes During a Recession
America is in a recession because of Washington Democrats’ reckless spending that caused the worst inflation crisis in forty years. Real GDP fell 1.6 percent…
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Smith: America Is In A Recession Because of Biden’s Inflation Crisis
House Budget Committee Republican Leader Jason Smith (MO-08) released the following statement after data from the Bureau of Economic Analysis showed GDP declined for the…
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As Fed Hikes Rates to Combat Biden’s Inflation Crisis, Budget Office Confirms Worsening of America’s Fiscal Outlook
WASHINGTON, D.C. – House Budget Republican Leader Jason Smith (MO-08) released the following statement after the Congressional Budget Office (CBO) released its latest long-term budget…
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