The Council on Environmental Quality (CEQ) announced it is rolling back several National Environmental Policy Act (NEPA) reforms made under the Trump administration. House Committee on Natural Resources Ranking Member Bruce Westerman (R-Ark.) issued the following statement in response: "Yet another short-sighted decision from the Biden administration. At a time when we should be coalescing … Continue reading Biden Imposes More Red Tape, Federal Bureaucracy During Inflation
Category: Economy
Americans for Prosperity released the results of a new survey of registered voters showing a strong majority of Americans believe the massive increase in government spending the past two years has been a “major cause” of higher prices. A majority also say President Biden and his policies deserve blame for rising prices, and they would … Continue reading Poll: Americans Largely Blame Inflation and Rising Prices on Government
The United States Department of Labor’s Bureau of Labor Statistics released the March Producer Price Index (PPI) report and the numbers are ugly. Americans for Limited Government President Rick Manning responded with the following statement: “If you think inflation is bad now at 8.5 percent, hold onto your hat. The producer price index went up 1.4 … Continue reading Bidenflation is going to get worse- government report
According to estimates from Bloomberg Economics, the average American household can expect to pay $5,200 this year due to President Biden and Senate Democrats’ inflation. That number comes out to a whopping $433 dollars per month in added inflation costs compared to last year – all thanks to the economic mismanagement of President Biden and his … Continue reading Americans now paying Biden’s $5,200 Inflation Tax
At this week’s U.S. Senate Banking Committee hearing, Ranking Member Pat Toomey (R-Pa.) said that to reduce inflation and make housing in America more affordable, the government should pursue reforms that leverage the power of free enterprise to increase housing supply and make markets more competitive. Senator Toomey also reiterated his desire to work with … Continue reading Toomey: Misguided Government Policy Is Making Housing Unaffordable
U.S. Sen. Ted Cruz (R-Texas), member of the Senate Commerce Committee, today introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. Sen. Cruz’s bill was cosponsored by Sens. Braun (R-IN) and Grassley (R-IA). Specifically, the legislation prohibits the Federal Reserve from developing a direct-to-consumer CBDC which could be used as a … Continue reading Cruz Introduces Legislation Prohibiting Unilateral Fed Control of a U.S. Digital Currency
The newly released details of the White House budget for fiscal year 2023 marks a failure in spending restraint and regulatory accountability, say CEI experts. Kent Lassman, CEI President, argues that not only is the envisioned wealth tax at odds with the Constitution, it’s wrong to tax people on income they don’t have: “Such a … Continue reading Biden Crazy ‘Billionaire Tax’ Scheme Violates Constitution
While Americans across the country worry about rising inflation, President Joe Biden revealed his new budget proposal of $5.8 TRILLION that does nothing to address the issue. Biden and Senate Democrats are clearly out of touch with American families. A new Gallup poll shows: Inflation takes the lead with 59% saying they worry about it “a great … Continue reading NEW POLL: Inflation Remains Top Concern for Americans
U.S. Senator for Idaho Mike Crapo, Ranking Member of the Senate Finance Committee, led a news conference with Republican colleagues to highlight the challenges caused by sky-high gas prices, noting that in order to combat high inflation and increasing energy costs, policymakers must address root causes, rather than promote gimmicks that could make the situation … Continue reading Crapo: High Gas Prices a Year in the Making
Republican members of the U.S. Senate Finance Committee, led by Ranking Member Mike Crapo (R-Idaho), sent a letter to Senate colleagues highlighting concerns with a proposal to double down on skyrocketing spending during record-high inflation by extending the poorly targeted, badly designed Obamacare subsidy hikes, including for Americans with sizable six-figure salaries. Last year, … Continue reading Finance Committee Republicans: Unsustainable Mandatory Spending Will Fuel Inflation Crisis
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