Lubbock Times

WASHINGTON, D.C. – House Budget Committee Chairman Jodey Arrington (R-TX) appeared on Fox Business with guest host David Asman and economist Steve Moore to discuss the ongoing impact of "Kamalanomics" on middle-class Americans under the Biden-Harris administration.

During the interview, Arrington addressed claims by Representative Alexandria Ocasio-Cortez that Vice President Kamala Harris is a champion for the middle class. He stated, “She’s the chief economic arsonist with her accomplice, Joe Biden, who has set the whole nation ablaze with inflation, which is the most regressive tax on these working people. AOC is trying to protect with the recommendation of Kamala Harris. First of all, this is a card-carrying socialist, right? Asking a socialist about economic advice is like asking a vegan how they like their steak cooked. If you should take the advice, it probably will end badly.”

Arrington also discussed what he termed as adverse effects from "Kamalanomics," saying, "Let's talk about the real wages of these working people, our fellow Americans who are struggling with the pain that wages have gone down 4 percent. They've lost over $1,000 a month. The prices to pay rent, to keep their apartment or home air-conditioned, and food and gas have all gone up. All the basket of goods and services they use have gone up by 20 percent. Mortgage rates have doubled so they've put homeownership out of reach. That's why we have the highest credit card debt at over $1 trillion. They're paying an APR average of 20 percent. Consumer household debt is up at an all-time $18 trillion high."

He concluded by attributing these economic challenges to excessive spending, taxing, and regulation policies attributed to Vice President Harris's influence over recent years.

Further information from the House Budget Committee includes Chairman Arrington’s Op-Ed on the second anniversary of the Democrats’ ‘Inflation Reduction Act,’ details on July's CPI inflation report, and data showing unemployment rates rising for four consecutive months.

Watch Chairman Arrington’s full interview on Fox Business [HERE].