Press Releases
ECON 101: Historic, Skyrocketing Inflation and the Interest Rate Hikes That Followed
Decidedly inspired by the ethos espoused by President Obama’s former Chief of Staff, Rahm Emanuel, Democrats did not let our nation’s deadly public health emergency “go to waste.” Thanks to coordinated effort spearheaded by President Biden, Congressional Democrats preyed on a country still reeling from COVID lockdowns and widespread uncertainty to insert costly, one-size-fits-all policies into the homes and businesses practices of Americans across the country. Democrats spent money that we … Continue Reading
May 02, 2023
A Nation in Crisis: Democrat Spending Accelerates Debt Ceiling Deadline
Congress’ nonpartisan analyst, the Congressional Budget Office (CBO), released a report warning the Biden Administration and lawmakers on Capitol Hill of an expedited debt ceiling timeline. Statement from Chairman Arrington House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement regarding the Congressional Budget Office's (CBO) report: “After two years of reckless spending and failed economic policies that led to 40-year high inflation, soaring interest … Continue Reading
May 01, 2023
Arrington on CBO's Sobering Default Estimate
Today, House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement regarding the Congressional Budget Office's (CBO) debt ceiling timeline. “After two years of reckless spending and failed economic policies that led to 40-year high inflation, soaring interest rates, and an anemic and shrinking economy, it’s no wonder tax revenue is down and the default date may be moved up. "House Republicans are the only ones who have put forth a detailed plan to fix the … Continue Reading
April 28, 2023
Arrington on this Month's Inflation Report
Today, House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on this month’s inflation report, which showed that core PCE - which excludes food and energy and is the Fed’s preferred gauge of inflation - rose 4.6% over the last year and remains three times higher than it was before Democrats passed their so-called Inflation Reduction Act. “Today’s inflation report makes clear that the Biden Administration’s last inflation scapegoat - the war in Ukraine - was … Continue Reading
April 26, 2023
House GOP Leadership Statement on Passage of the Limit, Save, Grow Act
Today, Budget Committee Chairman Jodey Arrington (TX-19) joined Speaker Kevin McCarthy (CA-20), Majority Leader Steve Scalise (LA-01), Majority Whip Tom Emmer (MN-06), and Conference Chairwoman Elise Stefanik (NY-21) to issue the following statement on the passage of legislation to responsibly address the debt ceiling, the Limit, Save, Grow Act of 2023. “House Republicans just delivered a plan that will address the country’s debt crisis. Our conference came together to pass the only plan in … Continue Reading
April 26, 2023
Arrington: This Is Where the Reckless Spending Stops
Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered the following remarks during House debate of H.R. 2811, the "Limit, Save, Grow Act," which is the House Republican plan to responsibly address the debt ceiling. Click here to watch Arrington's full remarks. Chairman Arrington's remarks as prepared for delivery: Mr. Speaker, I rise today in support of H.R. 2811, the Limit, Save, Grow Act. Over the last two years, President Biden has financed his … Continue Reading
April 26, 2023
Arrington Urges Passage of Limit, Save, Grow Act
WASHINGTON - At the House Republican leadership press conference today, House Budget Committee Chairman Jodey Arrington (R-TX) urged President Biden to come to the negotiating table to raise the debt ceiling. Arrington highlighted the Republican plan H.R. 2811, the “Limit, Save, Grow Act” that will responsibly raise the debt ceiling by reducing federal spending, save taxpayer dollars, and grow the economy. Click here to watch Arrington's full … Continue Reading
April 25, 2023
Arrington Testifies Before Rules Committee on Limit, Save, Grow Act of 2023
Today, House Budget Committee Chairman Jodey Arrington (R-TX) testified before the House Rules Committee after filing H.R. 2811, the "Limit, Save, Grow Act," which is the House Republican plan to responsibly address the debt ceiling. Chairman Arrington's remarks as prepared for delivery: Chairman Cole, Ranking Member McGovern, Members of the Rules Committee. Thank you for the opportunity to testify before you today on the Republicans’ responsible debt ceiling legislation. Nobody can … Continue Reading
April 25, 2023
Arrington Introduces Republican's Responsible Debt Ceiling Proposal
House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement today after filing H.R. 2811, the "Limit, Save, Grow Act," which is the House Republican plan to responsibly address the debt ceiling. "Over the last two years, the Biden Administration’s reckless spending and failed economic policies have resulted in record inflation, soaring interest rates, and an economy in a recessionary tailspin - with the prospect of a catastrophic debt crisis looming on the … Continue Reading
April 19, 2023
House GOP Leadership Statement on the House GOP Plan to Address the Debt Ceiling
WASHINGTON - Today, Speaker Kevin McCarthy (CA-20), Majority Leader Steve Scalise (LA-01), Majority Whip Tom Emmer (MN-06), Conference Chairwoman Elise Stefanik (NY-21), and House Budget Committee Chairman Jodey Arrington (TX-19) issued the following statement on the House GOP's plan to responsibly address the debt ceiling, the Limit, Save, Grow Act of 2023. “The American people expect and deserve serious, sensible action to address our soaring national debt. Unfortunately, President Biden … Continue Reading
April 18, 2023
Every Day is Tax Day in Biden’s America
WASHINGTON - House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement on Tax Day about the record taxes proposed by President Biden’s budget proposal. “In Biden’s America, every day is Tax Day. From weaponizing the IRS to choke American energy production, to hiring 87,000 IRS agents to shake down hardworking Americans, to proposing a budget with the highest sustained levels of taxes, Biden has an unquenchable thirst for taxing the American people. Biden’s FY24 … Continue Reading
April 12, 2023
Arrington: Americans Paying Price for Administration's Denial on Inflation
WASHINGTON - House Budget Committee Chairman Jodey Arrington (R-TX), issued the following statement after the Consumer Price Index (CPI) showed another month of rising prices. “Today’s CPI report once again shows the painful staying power of the record high inflation brought to the American people by President Biden’s reckless spending. While the Biden Administration pretends the economy is on the mend, Americans continue to pay the price for their failed economic policies. “Reducing … Continue Reading
April 11, 2023
Arrington: Non-Partisan CBO Provides Another Wake-Up Call
WASHINGTON- House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on the Congressional Budget Office’s (CBO) monthly budget review, which showed that the deficit has increased by an astounding 64% since the same time last year, due largely to interest on the debt. “Today’s latest report by the non-partisan CBO again confirms what Republicans have been warning about for months: reckless spending and record inflation have put our nation on a completely … Continue Reading
March 31, 2023
Arrington on Bleak Outlook for Social Security and Medicare
WASHINGTON - House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on the 2023 Social Security and Medicare Trustees Reports, which previewed a bleak outlook for the future for the Social Security and Medicare programs, due in part to a downgrade in economic projections. "Democrats’ and the Biden Administration’s $6T of deficit spending has not only caused record inflation, but accelerated the insolvency of Social Security. "We must stop preying on the … Continue Reading
March 30, 2023
Arrington: Policies Have Consequences
WASHINGTON - House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on the GDP 4th Quarter 3rd estimate, which was revised downward for the second time. “I’m not surprised, but I am concerned about the continued inflation, interest rate hikes, and our overall economic decline. Policies have consequences, and Democrats’ reckless spending, avalanche of new taxes and regulations, along with the expansion of welfare without work have proved disastrous for all … Continue Reading
March 29, 2023
Arrington Opening Statement at Fiscal State of the Union Hearing
Click here to watch Arrington's remarks. WASHINGTON – House Budget Committee Chairman Jodey Arrington (R-TX) delivered the following opening remarks at a hearing on the "Fiscal State of the Union." Rep. Arrington's Remarks as prepared for delivery: Good morning, everyone. And welcome to the Members of the Committee and our witnesses. This Committee is charged with the fiduciary responsibility of resourcing the People’s Government and the fiscal trajectory of the United States of … Continue Reading
March 28, 2023
Arrington on Stagnant Consumer Confidence
WASHINGTON - House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on the monthly consumer confidence report, which showed only a slight increase in the Consumer Confidence Index and a decline in both present and future expectations for the economy. “Consumer confidence remains almost 30 points below its pre-pandemic peak as the economy continues to shrink and inflation remains high. Biden’s recent budget is a consumer confidence killer by doubling down on … Continue Reading
March 23, 2023
Arrington: POTUS Values Government Over Freedom, Safety, Economic Security of His Fellow Americans
WASHINGTON - Chairman Jodey Arrington (TX) delivered the following remarks (as prepared) at a hearing of the House Budget Committee to consider the President’s Fiscal Year 2024 Budget Request: Over the last 2 years, this Administration’s reckless spending and failed economic policies have resulted in continued record inflation, soaring interest rates, and an economy in a recessionary tailspin - with the prospect of a catastrophic debt crisis looming on the horizon. Two years - $10 … Continue Reading
March 17, 2023
Budgets are Priorities, and the President’s Priorities Aren’t Those of the American People
President Biden has repeatedly said, “Show me your budget and I’ll show you your priorities.” After combing through the President’s budget, it is clear that the President has very different values than the American people. The President’s priority isn’t combatting the fentanyl crisis, it’s buying electric vehicles. Grows the EPA, DOE, and other bureaucracies, but cuts DHS by $600M. Spends 3x more on EVs as he does on the combatting the fentanyl crisis. The President’s … Continue Reading
March 16, 2023
President Biden's Disastrous FY24 Budget
The Past is Prologue: A Tragic, Shakespearean Spending Story Authored by the Biden Administration The Past is Prologue: Record of Raising Taxes The Past is Prologue: Biden’s Deficit Spending Record The Past is Prologue: Biden’s Woke and Bloated Bureaucracy Arrington: President’s Budget DOA in Republican House Biden Budget Top Ten Biden Budget: A Weaker, More Vulnerable America Biden’s Budget: An Economy That’s Weak Biden’s Budget: A Nation That’s At Risk Arrington: … Continue Reading
