Lubbock Times

House Budget Committee Chairman Jodey Arrington (R-TX) appeared on Fox News' America’s Newsroom with Bill Hemmer and Dana Perino to discuss his Op-Ed on the second anniversary of the Democrats’ ‘Inflation Reduction Act’ (IRA) and Vice President Kamala Harris’ economic policy plans.

Chairman Arrington commented on the IRA, stating, "Vice President Harris was the tie-breaking vote on the IRA. She was also acting as the economic arsonist in chief, and then trying to show up in a firefighter uniform, much like she's trying to do in North Carolina to extinguish the flames of inflation that she set ablaze along with her accomplice, Joe Biden, and their unbridled spending and their failed economic policies."

He further criticized Harris's approach to economic policies: "Namely, the attack on the lifeblood of our economy, oil, gas, the taxes and regulations, and the death by 1000 cuts to every manufacturer and every business in this country that is desperately trying to meet the overstimulated demand because of the market being flooded with federal monies. It's a supply-demand economics 101 issue that Kamala Harris doesn't understand. I don't know if she's more deceptive in this than incompetent or more incompetent than deceptive, but either way, things are going to get much worse under a Kamala Harris presidency. That's a fact."

Arrington also addressed broader economic concerns: "We have a lower job participation rate today than we did pre-COVID because this administration unilaterally expanded welfare and waived work requirements. You cannot squeeze supply and overstimulate demand without creating an imbalance between the two, which has resulted in record inflation, the highest interest rate increase in 23 years, and a cost of living crisis."

He added: "The answer to this isn't more government. Government is the problem when controlled by socialists. She's to the left of Bernie Sanders. She believes in central planning. She believes that the government ought to control the means of production. That's what Obamacare for all is. That's really what's behind this sort of food gouging."

Arrington concluded by warning about potential consequences: "Her initiative on food gouging would have grocery stores empty, and you would have a long line at the gas station, like we haven't seen since Jimmy Carter. That's why only 48 percent of Democrats have confidence that Kamala Harris can get our economy back on track.”

More information from the House Budget Committee can be found through various statements available online.