OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Hard Choices to Stay Afloat

Floor Speech

By: John Rose
By: John Rose
Date: June 4, 2024
Location: Washington, DC

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Mr. ROSE. Madam Speaker, prices continue to climb due to the economic policies of the Biden administration. The latest Consumer Price Index report was up 3.4 percent from last year, keeping interest rates high and making it tough on all Americans to get by. That is Bidenomics.

Today, I rise in support of the hardworking families I represent, who are having to make hard choices to stay afloat. If they are having to tighten their belts, the Federal Government should do the same. We don't have a revenue problem in this country. We have a spending problem.

In fiscal year 2022, the Federal Government collected $850 billion more in tax revenue than just the year before, yet the Federal Government spent $1.4 trillion more than we brought in. In fiscal year 2023, the government spent $1.7 trillion more than it collected.

That is just one of the many reasons why I opposed the President's $7.3 trillion budget. We cannot continue spending money we don't have.

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