ICYMI
ICYMI: "Fiscal Responsibility Act Would Save $6,223 per Person, $15,854 per Household"
By Demian BradyMay 31, 2023 As Congress faces a looming deadline on the debt ceiling, lawmakers are considering the Fiscal Responsibility Act (FRA). The package is the result of negotiations between House Speaker Kevin McCarthy (R-CA) and President Biden, and would suspend the debt ceiling through January 1, 2025 in exchange for several reforms and the reintroduction of discretionary spending limits. According to the Congressional Budget Office’s analysis, the bill would reduce … Continue Reading
May 30, 2023
ICYMI: Rep. Estes Testifies at Rules Committee on Fiscal Responsibility Act
Today, Congressman Ron Estes (KS-04), delivered the following remarks (as prepared) at the House Rules Committee during consideration of The Fiscal Responsibility Act of 2023 (H.R. 3746). Click here to watch his remarks. "Chairman Cole, Ranking Member McGovern, Members of the Rules Committee. Thank you for allowing me to testify today in my capacity as a Member of the House Budget Committee. "The Fiscal Responsibility Act is more than a bipartisan agreement – it’s a win … Continue Reading
May 23, 2023
ICYMI: “BIDEN’S INACTION THREATENS DEFAULT”
Today, Speaker Kevin McCarthy released the following timetable that clearly illustrates President Biden’s inaction vs. the Speaker’s action in the months leading up to the debt limit deadline. Speaker Kevin McCarthy said, “Let’s remember how we got here – 10 days out from a Biden default on the national debt. He ignored the looming crisis for months, despite my repeated calls to negotiate. Because of his inaction, he risks bumbling into the first default in … Continue Reading
May 22, 2023
ICYMI: ARRINGTON ON “THIS WEEK”
Today, House Budget Committee Chairman Jodey Arrington (R-TX) joined “THIS WEEK WITH GEORGE STEPHANOPOULOS” on ABC to discuss the ongoing negotiations to responsibly lift the debt ceiling. Click here to watch Arrington’s full interview. Chairman Arrington on the current state of negotiations: “The president had almost 100 days without engaging with the process now. His back is against the wall, we have one proposal that has passed the House. Nobody else has … Continue Reading
May 18, 2023
ICYMI: Chairman Arrington on Mornings with Maria
Today, House Budget Committee Chairman Jodey Arrington (R-TX) joined “Mornings with Maria” on Fox News to discuss the ongoing negotiations to responsibly lift the debt ceiling as the deadline grows closer. Click here to watch Arrington’s full interview. Chairman Arrington on the current state of negotiations: “I think we’ve got a lot of leverage to stop the spending and include fiscal reforms, for once, as we raise the debt ceiling. And … Continue Reading
May 17, 2023
ICYMI: Chairman Arrington on The Story
Chairman Arrington on the Limit, Save, Grow Act:"Republicans did what the vast majority of American people, both Republican and Democrat expect their leaders to do. We acted responsibly, we acted with urgency. And we had a bill that was passed out of the House - and sent to the Senate - that would would raise the debt ceiling, pay our bills, protect thegood faith and credit of the United States, and begin reining in the spending that's created this cost of living crisis and is … Continue Reading
May 11, 2023
ICYMI- Debt talks: Fiscal discipline vs. no negotiation
By David Winston May 10, 2023 KEY FACTS FROM THE PIECE: Voters have crossed a major attitudinal threshold and now believe increasing federal spending contributes to inflation by a 64 percent to 21 percent margin. They also believe, 55 percent to 26 percent, that increasing the national debt contributes to inflation. The survey found that the GOP debt ceiling legislation as passed was favored by 52 percent of voters and opposed by 29 percent. Voters’ attitude about the economy … Continue Reading
May 11, 2023
ICYMI - Chairman Arrington on America Reports
Today, House Budget Committee Chairman Jodey Arrington (R-TX) joined "America Reports" on Fox News to discuss the dire need for spending reforms as Americans are living paycheck to paycheck under President Biden. Click here to watch Arrington's full interview. Chairman Arrington on how Americans need the Biden administration to reduce their spending habits: "Six out of 10 Americans are living paycheck to paycheck. 45% of Americans say that if they had a crisis … Continue Reading
May 08, 2023
ICYMI: Arrington- Americans Making Tough Financial Decisions That Dems Can’t
Today, House Budget Committee Chairman Jodey Arrington (R-TX) joined Squawk Box on CNBC to discuss the House Republicans' plan to responsibly lift the debt ceiling and implement practical spending reforms to reduce our nation's debt and grow our economy. Click here to watch Arrington's full interview. Chairman Arrington on the precedent of raising the debt ceiling with spending reforms: "So, you know we're just asking President Biden and the Democrats to do what's been … Continue Reading
May 07, 2023
ICYMI - CHAIRMAN ARRINGTON ON FOX NEWS SUNDAY
Today, House Budget Committee Chairman Jodey Arrington (R-TX) joined Fox News Sunday to discuss the Limit, Save, Grow Act, which has passed in the House. This bill is Republicans' plan to responsibly lift the debt ceiling while also reining in federal spending, saving taxpayer dollars, and growing the economy. Click here to watch Arrington's full … Continue Reading
May 03, 2023
ICYMI - Majority of Voters Want Biden to Find Common Ground on Debt Ceiling
According to a newly released Echelon Insights poll, 74% of voters of both parties think President Biden should agree to negotiations and try to find common ground around the debt ceiling, including some reductions in government spending. As Chairman Arrington said after the passage of the Limit, Save, Grow Act, "Unfortunately, President Biden and the Democrat-run Senate have been missing-in-action. They are more interested in crafting lazy political attacks than they are in solving the … Continue Reading
April 28, 2023
ICYMI – Estimated Cost of IRA Climate Provisions Now Three Times Higher Than Originally Thought
Yesterday, the Penn Wharton Budget Model updated its estimated cost of the climate and energy provisions of the Inflation Reduction Act of 2022. Previously estimated to cost $384.9 billion over 10 years (FY2022-2031), the cost estimate is now $1,045 billion – nearly three times the original estimate. President Biden is willing to exchange our children's future economic prosperity for progressive climate provisions that benefit the wealthy and disincentivize American energy. It is … Continue Reading
April 25, 2023
ICYMI: "For America To Grow, Washington’s Swampy Spending Spree Has To Shrink"
By: Congressman Chip Roy (TX-21) April 25, 2023 As seen in The Federalist As the national media help President Biden whip Americans into a frenzy with claims of “defaulting on our debt” that can result only from a self-fulfilling prophecy, House Republicans are presented with a choice. Will we cave to the president, Wall Street, massive corporations, swamp lobbyists, and the corporate media to continue America’s borrow-and-spend death spiral? Or will we instead … Continue Reading
April 24, 2023
ICYMI - CHAIRMAN ARRINGTON ON AMERICA'S NEWSROOM
WASHINGTON – Today, House Budget Committee Chairman Jodey Arrington (R-TX) joined "America's Newsroom" on Fox News to discuss House Republicans' debt limit bill to limit federal spending, save taxpayer dollars, and grow the economy. If passed, the Limit, Save, Grow Act will lead to more than $4.5 trillion in savings to American taxpayers. Click here to watch Arrington's full interview. Arrington on the Democrats' Reckless Spending Spree: "Look, this President has spent $10 … Continue Reading
April 20, 2023
ICYMI: "Bidenomics: Two Years of Falling Incomes"
This week, the Wall Street Journal Editorial Board slammed the Biden administration for its failed "Bidenomics". The article includes a graph on the trend in average weekly earnings from the Bureau of Labor Statistics (BLS), which shows that weekly earnings were at a peak during President Trump's time in office. It illustrates just how far Americans' weekly earnings have fallen since President Biden took office. While Americans continue to make 3.6% less a week than they did before … Continue Reading
March 30, 2023
ICYMI - House Budget Committee Republicans Sound Alarm on Fiscal State of the Union
WASHINGTON - Today, the House Budget Committee hosted a hearing on “The Fiscal State of the Union,” to sound the alarm on the threat that our out-of-control national debt poses to our nation and our children’s future. Concern for our Children's Future: The Honorable David M. Walker - Seventh Comptroller General of the United States - expressed his concern for the quality of life for future generations of Americans with the looming debt crisis and unsustainable trajectory of our … Continue Reading
March 24, 2023
ICYMI - Analysis of President's Budget Shows Major Tax Hikes for Americans Making Under $400k
The left-wing Tax Policy Center has released their analysis of the President’s Budget. The report is about how high-income people would pay more. But the real story is that Biden has been caught once again violating his repeated promise that no one making under $400,000 would suffer under his tax hikes. Yet, Director of the Office of Management and Budget (OMB), Shalada Young, is misleading the American people on this fact. During the Budget Committee's hearing "President's Fiscal Year … Continue Reading
March 10, 2023
ICYMI - CHAIRMAN ARRINGTON ON THE FAULKNER FOCUS
WASHINGTON - House Budget Committee Chairman Jodey Arrington (R-TX), today joined "The Faulkner Focus" on Fox News to discuss President Biden's $6.8 trillion FY24 budget proposal, which contains the highest sustained levels of taxes, spending, and deficits in American history. Click here to watch Arrington's full interview. Biden’s budget continues to invest in bloated bureaucracy, woke programs, and does nothing to foster growth, fight inflation, or help hardworking families. "The … Continue Reading
February 23, 2023
ICYMI - CHAIRMAN ARRINGTON ON MORNINGS WITH MARIA
WASHINGTON – House Budget Committee Chairman Jodey Arrington (R-TX), today joined "Mornings With Maria" on Fox News to discuss the new GDP (Gross Domestic Product) Report. While GDP was expected to grow at 2.9%, it was reduced to 2.7% annual pace.The Biden administration continues to assert that the economy is steadily growing. When in reality, these feeble numbers are a clear sign that our economy remains deep in a recession. Every day, Americans are paying the real life consequences … Continue Reading
February 16, 2023
ICYMI - CHAIRMAN ARRINGTON ON SQUAWK BOX: "This is the greatest country in the world. We want to keep it that way"
WASHINGTON - House Budget Committee Chairman Jodey Arrington (R-TX), today joined CNBC's "Squawk Box" to discuss our nation's declining fiscal health following the Congressional Budget Office (CBO) latest Budget and Economic Outlook report. "This is the greatest country in the world. We want to keep it that way. I think our fiscal health and the trajectory we're on is the greatest long-term threat... it's a worse economy, it's more soaring interest rates, and record inflation...And it would … Continue Reading
