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Showing page 31 of 205.
Rep. Jason Smith @RepJasonSmith
The Biden Administration has demonstrated ZERO spending restraint. The President's budget has average annual deficits of $1.6 trillion, $600 billion higher than deficits the last 10 years. Biden is a deficit raiser - and the American people are literally paying the price. https://t.co/RGZiX7CtUE — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Biden's deficit for FY 2021 was actually $517 billion high than the CBO projected - because of the Democrat-passed $2 trillion partisan spending spree. Biden's claim he reduced the deficit his first year in office is utterly insincere. https://t.co/xsNYfGuh2A — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
The Biden Administration has distorted its deficit record - even bragging they reduced the deficit by $354 billion – by comparing the FY 2021 deficit to FY 2020 – a time when Congress passed multiple bipartisan COVID-19 aid packages. https://t.co/e2xYgC80Cx — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
President Biden has not been honest about his explosive deficit spending. Biden is trying to claim he reduced the deficit after unleashing his $2 trillion "Rescue Plan" that pushed government spending to 30.5% of GDP. The American people aren't buying it. — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Oregon is sending $600 checks from “Rescue Plan” money to folks dealing with the high prices caused by the “Rescue Plan.” It's the Democrats' inflation "Circle of Life": spend $2T, spark inflation, use the same money to give relief from inflation. More: https://t.co/U38lMUGjca https://t.co/uKVnPemstH — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
President Biden has repeatedly claimed that he is committed to deficit reduction. Here's the truth: His $2 trillion American Rescue Plan raised the deficit and his budget would dramatically increase deficits far into the future. Get the facts here: https://t.co/4XssMlyfZD — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
After I and my @HouseGOP colleagues sent a letter demanding police escorts resume for Honor Flights, the National Park Services announced that escorts will resume in June. Glad that Missouri veterans will get the treatment they deserve. https://t.co/rWWkPwQLR4 — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
This clip would be a great one for Biden's Disinformation Board to take a look at. Here's the truth: Spending $5 trillion would drive inflation even higher, not bring prices down. The CBO confirmed Build Back Broke is not fully paid for and would add $3 trillion to the debt. https://t.co/9WYXDiz3Fc — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Here is @GeneSperling46, Biden's "rescue czar" in charge of overseeing the $1.9 trillion American Rescue Plan that sparked the highest inflation in 40 years, blaming inflation on Putin's invasion. He must have conveniently forgotten inflation hit 7.5% BEFORE Putin's invasion. https://t.co/YxrjxV9vc3 — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
After @SecMayorkas claimed he "effectively managed" the border, it's clear he shouldn't be telling Americans what is and isn't true. Proud to join @RepFranklin and my @HouseGOP colleagues to demand answers on Biden's Disinformation Governance Board. https://t.co/CzhAf0bgLz — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Biden's newfound focus on inflation is a day late and many dollars short. The President ignored warnings that his reckless spending would cause inflation, and pressed ahead with an agenda that sent prices soaring. Read my full statement: https://t.co/nDDJO39Sgv https://t.co/ExrqECkm6B — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Biden's budget would end the Trump tax cuts and raise taxes on middle-class families by $2,000 per year. Democrats are the tax and spend party! — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Seniors with chronic pain need PT and OT, but Medicare red tape restricts rural services. That’s why I wrote to the House Appropriations Committee to reduce supervision for PT and OT assistants. Rural seniors need access to treatment! https://t.co/R08xOPYxSg — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Insane that after 15 months of inflation rising under Joe Biden, states running budget surpluses will get another $105 BILLION from the Biden Bailout Bill. Under one-party Democrat rule, Washington spending is out-of-control – and the waste is piling up. https://t.co/0Qg9LAg47V — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
The national average price for a gallon of gas hit an all-time high today of $4.37. What is @POTUS doing about it? Proposing $45 BILLION in NEW taxes on energy production. The American people see clearly that Biden's war on American energy is responsible for high gas prices. — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
The Biden Budget would undo these gains by letting TCJA expire. Middle-class families would be hit by a $2,000/year tax increase. Meanwhile, Democrats want to give millionaires a $700 billion tax cut with the return of the full SALT deduction. — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Contrary to Democrats' doom and gloom narrative, the Trump tax cuts worked. It’s clear that Washington has a massive spending problem, not a revenue problem. With historic tax relief, revenues are rocketing to historic highs. — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Individual tax revenues are also soaring, higher than CBO's projection for 2021 and 2022 both before and after TJCA was passed. Tax revenue grew and is still growing beyond expectations. https://t.co/8Wq2y12EZu — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Corporate tax revenues for 2022 are on pace to be higher than the Congressional Budget Office's projection even before TCJA passed. This year, revenues are projected to be nearly $100 billion over what was projected after TCJA passed. https://t.co/C683LsNqss — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Facts continue to destroy Washington Democrats' narrative about the 2017 Tax Cuts & Jobs Act. The tax burden on families and job creators is down, while corporate and individual tax revenues are at historic highs. Total revenues are on pace to be the largest share of GDP ever. — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
If you want to learn more about what rising interest rates mean for our national debt, read my full report here: https://t.co/a1J3Uo0tJ8 — PolitiTweet.org
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
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
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
Rep. Jason Smith @RepJasonSmith
A higher interest rate of 3.9% will further crowd out vital government functions and private investment in the economy. According to CBO, if interest rates are even ONE percentage point higher than currently projected, the deficit would increase by $2+ trillion over 10 years. https://t.co/f334YIU8jw — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Even under the modest scenario of a 3% average rate, interest payments on the debt will become the largest expenditure in the federal budget by 2051. More than Social Security. More than Medicare. More than defense spending to protect America and provide for our troops. https://t.co/1sr5j4qui6 — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
To combat Biden's inflation crisis, interest rates are rising – making it more expensive to buy a house, small businesses to expand, farmers to buy equipment, and the federal government to function. Here are 5 scenarios that show how rising interest rates impact America’s debt: — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Today, we take the time to celebrate the hard work of moms all over the country. The foundation of many families, including my own, is the mothers who make it all possible. Happy Mother’s Day! https://t.co/KL7MmlwOgV — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Biden’s budget mentions “climate crisis” 33 times but never once mentions “inflation crisis.” Washington Democrats only care about their far-left agenda, not the crises facing the American people. — PolitiTweet.org
Rep. Jason Smith @RepJasonSmith
Biden’s inflation crisis is leading some economists to predict that we have a 70% chance of a recession in the coming months. Meanwhile, Biden continues to push out-of-control spending policies that will have serious near-term and long-term consequences. — PolitiTweet.org
