Economy

Washington, D.C. –  The nonpartisan Congressional Budget Office (CBO) released the January 2025 Monthly Budget Review which revealed that the federal budget deficit totaled $838 billion in the first four months of fiscal year 2025 (October-January). That amount is $306 billion more than the deficit recorded during the same period last fiscal year. House Budget… Read more »

It’s time to face reality. The era of spending without limits or accountability has reached its breaking point. We must start by reducing the debt, a challenge that’s daunting but not insurmountable... Read more »

Washington, D.C. – Today, House Budget Chairman Jodey Arrington (TX-19) led several lawmakers in introducing H.R.574, the Accelerate Long-Term Investment Growth Now (ALIGN) Act, legislation to make permanent one of the most pro-growth policies in the Tax Cuts and Jobs Act: full and immediate expensing.  “There’s no bigger incentive in the tax code for… Read more »

Washington, D.C. – Today, House Budget Chairman Jodey Arrington (R-TX) and Senator Ted Cruz (R-TX) introduced legislation to reverse President Biden’s ban on offshore oil and gas drilling. “In the final hours of his presidency, President Biden finished off four years of self-inflicted disasters by continuing his all out assault on domestic energy… Read more »

  GOP tax leaders: US small businesses could pay more tax than small businesses do in China if Trump cuts expire 'What's pro-American about that?' questioned… Read more »

Washington, D.C. – House Budget Chairman Jodey Arrington (TX-19) joined Rep. August Pfluger (TX-11) and Senator John Hoeven (R-ND) in introducing a bicameral Congressional Review Act (CRA) resolution of disapproval to block implementation of the Biden administration’s Natural Gas Tax, which was passed as part of the Inflation Reduction Act, Democrats’ reckless… Read more »

By Jodey Arrington December 11, 2024 AS SEEN IN THE WASHINGTON EXAMINER The Democrats’ spending spree in Washington during 2021 and 2022 sparked countless economic problems. Runaway government spending drove skyrocketing prices, draining household savings, eroding purchasing power, and stretching family budgets to their breaking point. As inflation surged, it… Read more »

  By Elizabeth Elkind November 18, 2024 As Seen In Fox News Republicans are already making big plans for the 119th Congress, many of which center on… Read more »

  Harris’s record on trade paints a dire picture for American producers, consumers By Rep. Jodey Arrington (TX-19), Opinion Contributor  10/17/24 AS SEEN… Read more »

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… Read more »