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Wednesday, December 25, 2024

Missouri U.S. Rep Jason Smith: "7 months ago, @housebudgetGOP released a white paper detailing the impact of rising interest rates..."

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Jason Smith tweeted the following:

"7 months ago, @housebudgetGOP released a white paper detailing the impact of rising interest rates on the federal budget.
It's clear that Washington's failure to get spending under control will have dire consequences for our economy and national security."
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Here are other recent tweets from Jason Smith:

"Over the last two months, interest on the debt totaled $103 billion. That's an 87% increase over last year.
Rising interest rates over the last year are the direct result of President Biden's inflation crisis, and pose a direct threat to our growing national debt."
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"Real wages have declined 3.8% since Joe Biden took the oath of office, and it's all because of Washington Democrats' reckless economic policies."
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"Inflation has risen 14.3% since Biden took office - robbing nearly 2 months salary from the wallets of hardworking Americans. Republicans will put a stop to the reckless spending that caused this skyrocketing inflation in the first place."
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