Budget & Spending
Randy is committed to standing up for American taxpayers. He is fighting against reckless, wasteful spending and working to enact fiscally responsible policies as a member of the House Committee on the Budget.
For more information concerning work and views related to the federal budget and spending, please contact our office.
More on Budget & Spending
Over the last several weeks, we’ve received negative reports and forecasts about the economy and our fiscal outlook. Inflation rose in September – opposite expectations – and was up 2.4% from just a year prior while the National Federation of Independent Business’s Small Business Optimism Index registered at 91.5 in September, which is the 33rd consecutive month under the 50-year average of 98.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) helped introduce the No More Taxpayer Cash for the Taliban Act, which would implement guardrails and strengthen oversight to keep U.S. taxpayer dollars away from the Taliban.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) voted for, and the U.S. House of Representatives passed, the End Chinese Dominance of Electric Vehicles in America Act, which would prevent China from receiving generous tax credits for the production of electric vehicles.
At the end of 2025, pro-growth, pro-worker, pro-family tax policies authorized by the Tax Cuts and Jobs Act (TCJA) are set to expire. These provisions include the nearly doubled standard deduction for Iowa families, tax cuts for small businesses, investment incentives for our farmers, manufacturers, and job creators, and other tax items.
At the end of July, our national debt officially topped $35 trillion. This development comes just seven months after our country surpassed $34 trillion in debt and less than a year since our national debt eclipsed $33 trillion last September. As a father of four, I firmly believe that we have both a moral and financial obligation to our children and grandchildren to enact real reforms that begin to reduce our exploding national debt and restore fiscal sanity to Congress.
HULL, IOWA — Today, U.S. Rep. Randy Feenstra (R-Hull) issued the following statement after the national debt officially surpassed $35 trillion:
WASHINGTON, D.C. – Last month, U.S. Rep. Randy Feenstra (R-Hull) helped introduce legislation to simplify the tax filing and payment process for workers and small businesses.
During her recent testimony before the U.S. Senate Finance Committee, U.S. Treasury Secretary Janet Yellen admitted what many of us have known all along. President Biden has no plan to keep Social Security solvent for our seniors. The President and officials in his administration like to parrot the talking point that they will never cut a penny from Social Security and accuse Republicans of targeting Americans’ hard-earned Social Security benefits.
On March 11th, more than a month after federal law requires, President Biden finally submitted his budget proposal for Fiscal Year 2025 to Congress. Following the same tax-and-spend playbook that sent inflation skyrocketing, the Biden budget calls for $7.3 trillion in federal spending every year, includes tax hikes on families, farmers, and businesses to the tune of $5.5 trillion, and endorses the worst excesses of President Biden’s failed economic policies.
On June 18th, the nonpartisan Congressional Budget Office (CBO) – the government agency tasked with monitoring our nation’s fiscal health – confirmed my serious concerns with President Biden’s reckless spending agenda. His administration’s fiscal policies have not only caused cumulative inflation to skyrocket by over 20% since he took office, but they have also accelerated our accumulation of debt to levels that are beyond unsustainable.