House Budget Committee Democrats
@housebudgetdems
Fighting for budget priorities that reflect the values of families across the country.
Ranking Member @CongBoyle.
ID: 151963505
https://democrats-budget.house.gov 04-06-2010 18:12:56
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"President Biden and Vice President Harris brought America back from the depths of the COVID-19 pandemic, delivering over 15 million new jobs, a manufacturing boom, and unemployment near record lows." Rep. Brendan Boyle on the news that our economy beat expectations, growing 2.8% in Q2:
Medicare & Medicaid help give millions the security and dignity of affordable health care. Vice President Kamala Harris and Democrats passed laws to strengthen these insurance programs. Under their extreme Project 2025 plan, former President Trump and House GOP would cut Medicare & Social Security.
"As I have said time and time again, the Fed must stop risking our economic growth and begin lowering rates." Read Ranking Member Rep. Brendan Boyle's full statement on today's decision by the Fed to maintain current interest rates. ⤵️
"The American workforce is strong, but it’s time for the Fed to finally do its part and begin lowering rates.” Read Ranking Member Rep. Brendan Boyle's full statement on the July jobs report. ⤵️
"There is still more to be done to get working families the relief they need, but the evidence is clear: inflation is falling and wages are rising." Ranking Member Rep. Brendan Boyle's statement on the news that CPI inflation has now fallen below 3% for the first time since 2021. ⤵️
"89 years ago today, President Franklin Delano Roosevelt signed the Social Security Act into law and created the greatest anti-poverty program in American history." Read Ranking Member Rep. Brendan Boyle's statement on the 89th anniversary of Social Security:
In January, Ranking Member Rep. Brendan Boyle firmly called for the Fed to respect its dual mandate and begin cutting rates in 2024. In June, he and Chairman Sheldon Whitehouse called on Chairman Powell to lower interest rates. Read their full letter to the Fed: democrats-budget.house.gov/news/press-rel…
"Middle-class families still need more breathing room, which is why the Biden-Harris administration is cracking down on corporate price-gouging, like the major rental price-fixing scheme recently exposed by the DOJ." Ranking Member Rep. Brendan Boyle on today's PCE inflation data:
"While President Biden and Vice President Harris continue fighting for working families, MAGA Republicans are doing everything in their power to take us backward." Read Ranking Member Rep. Brendan Boyle's statement on the August jobs report. ⤵️