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Economy

Arrington Calls for an Article V Constitutional Convention as U.S. National Debt Hits Record Breaking $39 Trillion

| Posted in Press Releases
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Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) released the following statement as the U.S. national debt crossed the $39 trillion mark, an unfortunately historic and deeply troubling milestone in our nation. “America is now $39,000,000,000,000 in debt—yes, $39 trillion. It took roughly 200 years to accumulate the first $1 trillion. Now we add that in a…

Arrington Supports Balanced Budget Amendment, Calls for Article V Convention to Restore Fiscal Sanity 

| Posted in Press Releases
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Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) delivered remarks on the House floor in support of H.J.Res.139, proposing an amendment to the Constitution of the United States requiring a balanced budget for the Federal Government, warning of the nation’s worsening fiscal crisis and calling on Congress to take action to restore fiscal discipline…

Arrington Introduces Legislation to Strengthen Customs Enforcement

| Posted in Press Releases
Tags: Economy
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Washington, D.C. – House Budget Chairman Jodey Arrington (TX-19) introduced the Securing Accountability in Foreign Entries (SAFE) Act, legislation aiming to strengthen the integrity of the U.S. customs system by closing loopholes that make it possible for foreign importers to avoid paying tariffs.  This legislation is being led in the Senate by Senator Bill…

OPINION: Congress must stop rewarding states for wasting taxpayers’ money

| Posted in In the News
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Congress must stop rewarding states for wasting taxpayers’ money By Rep. Jodey Arrington (R-Texas) and Rachel Greszler March 12, 2026 AS SEEN IN THE HILL With our nation nearly $39 trillion in debt, Washington should be budgeting with the same discipline American families use every day. Instead, the federal government spent the equivalent of eight weeks of…

Arrington Statement on Latest Inflation Report

| Posted in Press Releases
Tags: Economy
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Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) released the following statement after the Bureau of Labor Statistics released the Consumer Price Index (CPI) report for February 2026, which shows inflation held steady at a 2.4 percent annual rate. Core inflation, which excludes the volatile food and energy prices, increased 2.5 percent…

Arrington Responds to Supreme Court Tariff Ruling 

| Posted in Press Releases
Tags: Economy
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Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) issued the following statement after the Supreme Court of the United States ruled on the Trump Administration's tariff authority: “I commend President Trump for his urgency and vigilance in establishing a level playing field for our farmers, manufacturers, and workers while also protecting our national…

‘Let’s Put the Affordability Debate to Bed’ - Arrington Reacts to CPI Report

| Posted in Press Releases
Tags: Economy
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Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) released the following statement after the Bureau of Labor Statistics released the Consumer Price Index (CPI) report for January 2026, which shows inflation at 2.4 percent, down from 2.7 percent in December. Gas prices also dropped 3.2 percent in the month of January: “Let’s put the affordability…

Arrington: “Kevin Warsh is the right man for the job.”

| Posted in Press Releases
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Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) released the following statement after President Trump nominated Kevin Warsh to serve as Chair of the Board of Governors of the Federal Reserve System: “Kevin Warsh is the right man for the job. “Kevin is a longtime friend and former White House colleague—one of the smartest and most talented people I have…