Economy
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WASHINGTON, D.C. – Last week, U.S. Rep. Randy Feenstra (R-Hull) introduced the Balanced Budget and Accounting Act, which would require the President to submit a balanced budget to Congress.
More than a month after federal law requires, President Biden finally submitted his budget proposal for Fiscal Year 2025 to Congress. The $7.3-trillion price tag alone is reason enough to throw this budget in the trash where the rest of President Biden’s trillion-dollar spending packages should have also gone.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) issued the following statement on President Biden’s Fiscal Year 2025 budget.
In our free-market economy, Americans should have the freedom to purchase the car or truck of their choice without the federal government putting its thumb on the scale to advance a specific policy preference and distort the market. However, President Biden doesn’t see it that way.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-IA) and U.S.
WASHINGTON, D.C. – Yesterday, U.S. Rep. Randy Feenstra (R-Hull) – alongside U.S. Rep. Adrian Smith (R-NE) and U.S. Rep.
Basic economic theory tells us that when too many dollars chase too few goods, the result is inflation. Americans don’t need to take a course in economics to understand this concept because President Biden personally delivered a real-world example.
China poses the greatest threat to America’s economic and national security.
I’ve long believed that cutting taxes for our families, farmers, and small businesses spurs investment in our rural communities, promotes economic growth, and creates good jobs.