Lubbock Times

House Budget Committee Chairman Jodey Arrington (R-TX) appeared on Larry Kudlow’s show on Fox Business to discuss the impact of high taxes on Americans. The discussion included Author Steve Moore and focused on fiscal policies affecting working families.

Chairman Arrington emphasized the need for tax relief, particularly for working families affected by inflation. He stated, “I think what the American people need, especially working families suffering under this disastrous and regressive inflation tax, is not a stimulus check or a new government entitlement. They need to keep more of their hard-earned money.” He credited former President Trump’s tax policies for improving wages and overall quality of life, suggesting that similar measures could benefit Americans again.

On the topic of reconciliation, Arrington highlighted its importance in addressing the national debt and deficits. “It'll be the biggest tool in the toolbox to save this country from fiscal collapse,” he said. He pointed out that current spending levels are unsustainable and stressed the need for economic growth through pro-growth policies like tax cuts and deregulation. “You’ve got to bend the spending curve and focus on the mandatory spending that's driving the debt,” he added.

The House Budget Committee also provided additional resources on related topics such as the Bureau of Labor Statistics CPI Inflation Report for April, Federal Reserve's stance on inflation, and declining consumer confidence.

For further details, viewers can watch Chairman Arrington's full interview on Fox Business.

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