Economy

Washington, D.C. - Today, the Bureau of Economic Analysis (BEA) released its first estimate for economic growth in the second quarter (Q2) of 2024. The report found that real U.S. Gross Domestic Product (GDP) grew by just 2.8 percent. Unfortunately, the damage of the Biden-Harris economic agenda has already been done. Prices have risen nearly 20 percent since… Read more »

  Biden's Cruel Economy Op-Ed by Rep. Jodey Arrington July 10, 2024 6:30 am Economist Milton Friedman defined inflation as… Read more »

WASHINGTON, D.C. – Yesterday, House Budget Committee Chairman Jodey Arrington (TX-19) joined Larry Kudlow on Fox Business to discuss the burden high taxes place on the American people. … Read more »

Washington, D.C. – Congressman Jodey Arrington (TX-19) led his Way and Means Committee colleagues in demanding greater transparency regarding the Biden administration’s new tariffs on China, their effectiveness, and potential retaliatory tariffs on American agriculture products.  “For approximately half of the product categories receiving increased duties, China’s share of… Read more »

WASHINGTON, D.C. – Today, House Budget Committee Chairman Jodey Arrington (TX-19) introduced H.R. 8372, the Debt Per Taxpayer Information Act, legislation that would inform and educate the American people on the nation’s fiscal trajectory and what it means for them and their families. The legislation would provide each American filing a tax return with information on their… Read more »

Washington, D.C. – Today, Chairman Jodey Arrington (TX-19) cosponsored a Congressional Review Act (CRA) to overturn the Biden administration’s Environmental Protection Agency (EPA) rule on light-duty and medium-duty vehicle emissions standards. This rule would limit consumer choice, require 67% of new light-duty sales to be electric by 2032, and put the American car industry at the… Read more »

  House GOP wants answers from OMB about rulemaking costs Debt limit law provision requiring White House to offset regulatory spending increases has… Read more »

Washington, D.C. – Yesterday, House Budget Committee Chairman Jodey Arrington (R-TX) offered an amendment at the House Rules Committee hearing on H.R. 8034, 8035, 8036, and 8038 to the 21stCentury Peace Through Strength Act. His amendment would have fully offset the cost of these bills, contributed at least $50 billion to deficit reduction, and… Read more »

Opinion REP. JODEY ARRINGTON: Fiscal Responsibility Begins By Ending Beltway Budget Gimmicks By Rep. Jodey Arrington April 08, 2024 Congress recently… Read more »

WASHINGTON, D.C. – Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered his opening statement at the hearing, “President’s Fiscal Year 2025 Budget Request,” with United States Office of Management and Budget Director Shalanda Young testifying. … Read more »