Jason Smith tweeted the following:
"Watch as @USCBO Dir. Swagel explains the very real fiscal risk of high inflation sparking higher interest rates that alongside rising debt lead to higher interest payments to service that debt."Read on Twitter
Here are other recent tweets from Jason Smith:
"If CBO believes inflation will be at ONE percent for the rest of this year to meet their economic forecast, I have some oceanfront property in Arizona I would like to sell them."Read on Twitter
"The silver lining in the CBO baseline federal revenues are way up thanks to the Republican-passed Tax Cuts and Jobs Act. Tax burdens on families and job creators are down, while tax revenue is on pace to be highest share of GDP ever."Read on Twitter
"Bidens legacy is higher prices, more debt, the highest gas prices ever recorded, and a supply chain crisis."Read on Twitter