Economy
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WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) helped unveil the Republican Study Committee’s (RSC) FY 2024 budget proposal, which balances the federal budget in just seven years, slashes $16.3 trillion in wasteful government spending over ten years, and cuts $5.1 trillion in taxes.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) voted for, and the U.S. House of Representatives passed, the Gas Stove Protection and Freedom Act. This legislation will stop any attempt by the Biden Administration’s Consumer Product Safety Commission to ban gas stoves in American homes, end their continued sale, or impose burdensome red tape that would effectively make gas stoves unaffordable.
Every year, filing taxes is both frustrating and confusing for millions of Americans. Not only is the process time-consuming and complex, but also discouraging as taxpayers see a large percentage of their earnings disappear into the depths of the Internal Revenue Service (IRS).
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) led 7 of his colleagues on the House Ways and Means Committee in sending a letter to U.S. Treasury Secretary Janet Yellen urging her to protect U.S. taxpayers and hold Germany accountable for overextending its tax authority on American businesses and industry.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) helped introduce – alongside U.S. Reps. Darin LaHood (R-IL), Dan Kildee (D-MI), and Dwight Evans (D-PA) – the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA).
On July 1, 2020, the United States-Mexico-Canada Agreement (USMCA) – which was signed into law nearly two years earlier – entered into force, formally replacing the North American Free Trade American (NAFTA). True to its original intent, this law reduced trade barriers for our farmers, opened new markets for American agricultural exports, and established a revitalized framework for free and fair trade between the United States, Mexico, and Canada.
Our nation is more than $31.4 trillion in debt. It is a figure so daunting that it seems almost insurmountable to resolve. To put this number into perspective, every American taxpayer — already facing record-high inflation, skyrocketing interest rates, and economic instability — is on the hook for nearly $95,000 in federal debt. Our current fiscal trajectory is unsustainable and financially irresponsible. We need to implement commonsense spending reforms and promote policies that encourage economic growth and reduce our crippling national debt.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) voted for, and the U.S. House of Representatives approved, a Congressional Review Act (CRA) resolution overturning President Biden’s $400-billion student loan bailout.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) voted to overturn an Environmental Protection Agency (EPA) rule that would impose costly, new emissions standards on heavy-duty freight trucks sold in 2027 and beyond. It passed the U.S. House of Representatives by a vote of 221 to 203.
Small businesses are struggling in the Biden economy. Inflation remains at record highs thanks to trillions in wasteful spending, labor shortages persist due to taxpayer-funded handouts that reward welfare over work, and burdensome compliance costs continue to squeeze already thin profit margins. When our small businesses – which employ nearly 62 million American workers – endure tough times, our families tighten their budgets and our economy stagnates.