Jason Smith tweeted the following:
"Todays interest rate increase is the first time the Federal Reserve has raised interest rates by 75 basis points in a single rate hike since 1994."Read on Twitter
Here are other recent tweets from Jason Smith:
"When Joe Biden took office, the Congressional Budget Office predicted at the time that interest rates would not rise until 2024. To combat Bidens Inflation Crisis, the Federal Reserve has now raised interest rates for a 3rd time since March."Read on Twitter
"Joe Biden and Washington Democrats are waging war on rural America.Family farmers are feeling the pain of Joe Bidens radical agenda and sky-high inflation, making it harder for them to keep their land and grow the food to feed America and the rest of the world."Read on Twitter
"President Bidens inflation crisis is causing interest rates to rise. This not only means higher prices for families, farmers, and businesses, but will also have a significant effect on our national debt. My full statement: republicans-budget.house.gov/press-release/"Read on Twitter