Economy

CBO released a letter in response to an inquiry from Chairman Arrington asking how the government shutdown will impact the economy. Read more »

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.  … Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

WASHINGTON, D.C. – During a House Ways & Means Committee hearing, Budget Chairman Jodey Arrington (TX-19) teamed up with Treasury Secretary Scott Bessent to counter Democrat mischaracterizations of Trump’s Tax Cuts. … Read more »

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 –… Read more »

WASHINGTON, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) delivered opening remarks at his “Fiscal State of the Nation” hearing. Click HERE to watch Opening Remarks As Delivered: As I stated before, I can’t think of a more important topic, a more important conversation, or a more… Read more »