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Economy

Arrington Celebrates Texas Tech System Partnership with FBI

| Posted in Press Releases
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Lubbock, TX – Today, House Budget Chairman Jodey Arrington (TX-19) attended a signing ceremony for a Cooperative Research & Development Agreement (CRADA) between the Texas Tech University System and the Federal Bureau of Investigation (FBI) to advance U.S. national security, cybersecurity, and critical infrastructure protection.  …

Arrington Sounds the Alarm as U.S. Debt Surpasses $37 Trillion

| Posted in Press Releases
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WASHINGTON, D.C. – House Budget Chairman Jodey Arrington (TX-19) issued the following statement as the U.S. national debt soared past a record $37 trillion: “This week’s news that the United States’ national debt has surpassed $37 trillion is a stark reminder of our dire fiscal straits.  “When my son was born in 2011, the national debt was $15 trillion. Now, 14 years later, it…

Arrington Leads Fight Against Foreign Countries Increasing Drug Costs

| Posted in Press Releases
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WASHINGTON, D.C. – House Budget Chairman Jodey Arrington (TX-19) introduced the USTRx Act, legislation that creates a Chief Pharmaceutical Trade Negotiator at USTR, who would have the responsibility of identifying foreign price controls on drugs innovated in the United States that increase costs for American patients. This negotiator would issue an annual report on these…

Arrington Leads Fight to Lower Trade Barriers for American Energy Producers

| Posted in Press Releases
Tags: Economy
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WASHINGTON, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) was joined by 10 Members of Congress in sending a letter to U.S. Trade Representative Jamieson Greer urging the Trump administration to push back on discriminatory European Union (EU) energy regulations that threaten American exports and undermine the U.S.-EU energy…

Arrington Celebrates New Trade Agreement with Indonesia

| Posted in Press Releases
Tags: Economy
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WASHINGTON, D.C. – House Budget Chairman Jodey Arrington (TX-19) praised the Trump Administration for the newly announced trade agreement with the Republic of Indonesia. “President Trump’s trade deal with Indonesia is a massive win for the Food, Fuel, and Fiber Capital of the World! “The agreement will boost West Texas cotton, wheat, and energy exports to the world’s…

Arrington Applauds Trump’s Reciprocal Trade Policy

| Posted in Press Releases
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Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) issued the following statement applauding President Trump and his reciprocal trade policy: “We finally have a president who is actively challenging the unfair treatment foreign nations have inflicted on us for decades. “Make no mistake: if you continue to impose unreasonable trade barriers on American exports…

Arrington Introduces Legislation to Counter Nonmarket Tariff Evasion

| Posted in Press Releases
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Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) introduced the Axing Nonmarket Tariff Evasion (ANTE) Act to prevent highly subsidized, state-owned entities from evading U.S. tariffs by setting up production in other countries. This unfair trade practice threatens American competitiveness and security when such entities – like Chinese carmakers –…