Rep. Jason Smith

@RepJasonSmith ↗

Deleted No

Hibernated No

Last Checked July 14, 2022

Created

Mon May 09 18:10:37 +0000 2022

Likes

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Rep. Jason Smith @RepJasonSmith

Economic growth would slow down as companies can't afford to make the investments needed to create good-paying jobs for Americans. In a scenario where interest rates are at their 1990s average, the federal debt will grow to an astonishing $54 trillion in the next 10 years. https://t.co/LzWeU4o0W9 — PolitiTweet.org

Posted May 9, 2022

Preceded By

Rep. Jason Smith @RepJasonSmith

Families would feel the pain of higher rates: taxes will be raised, incomes will fall, and retirees may not be able to count on full Social Security. With interest rates at their 50-year average of 5.7%, America would be spending $3 trillion per year on interest alone by 2031. https://t.co/4mYGDLH2u5 — PolitiTweet.org

Posted May 9, 2022

Followed By

Rep. Jason Smith @RepJasonSmith

Last time inflation was as high as it is today, interest rates were over 10%. In this scenario, interest payments would rocket to $7 trillion per year, and our national debt would hit $75 trillion in the next ten years. It's clear that the national debt is headed for disaster. https://t.co/hu3n1g4XD6 — PolitiTweet.org

Posted May 9, 2022