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Economy

Poll Finds Swing State Voters Concerned About Out-of-Control National Debt

| Posted in Press Releases
Tags: Economy
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Washington, D.C. – Recently, the Peter G. Peterson Foundation released a report showing that swing state voters overwhelmingly believe that the rising national debt is a critical campaign issue. According to the report, more than 90 percent of voters across seven key states – Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin – say that it’s important…

Arrington Introduces Legislation to Rename Inflation Reduction Act to LIED Act

| Posted in Press Releases
Tags: Economy
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Washington, D.C. – House Budget Chairman Jodey Arrington (TX-19) introduced legislation to rename the Inflation Reduction Act to the Lied About Inflation and Energy Dependence (LIED) Act.  “The Biden-Harris administration and Congressional Democrats intentionally misled the American people with the so-called “Inflation Reduction Act” - which had nothing to…

Arrington Introduces Legislation to Counter Unfair Foreign Trade Practices

| Posted in Press Releases
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Washington, D.C. – House Budget Committee Chairman Jodey Arrington (TX-19) introduced H.R. 9724 - the Axing Nonmarket Tariff Evasion (ANTE) Act - legislation to defend the American economy from nonmarket entities using third countries to avoid U.S. trade enforcement. “For far too long, adversaries like China have cheated the American economy and cost…

Chairman Arrington Statement on Today’s GDP Report

| Posted in Press Releases
Tags: 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…