Economy
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President Biden’s track record on the economy is abysmal. Spending trillions of taxpayer dollars on liberal nonsense plunged our economy into chaos, fueled 40-year-high inflation, and decimated American household wealth.
Over the last two years, poor decision making in Washington has increased costs for our families, farmers, and small businesses. The average mortgage rate nationwide has nearly eclipsed 7% as the Federal Reserve continues its aggressive rate hikes, inflation remains at historic highs, and small business optimism has plummeted to a 10-year low.
Over the last three years, I’ve made 226 trips to farms, schools, businesses, police departments, workforce training centers, cooperatives, ethanol plants, and food pantries on my biannual 36 County Tour.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) – alongside Rep.
Roughly three months after our country exceeded $32 trillion in debt, we have surpassed another grim milestone and broken another unfortunate record. Our national debt has officially eclipsed $33 trillion, which is now the highest debt burden in American history.
WASHINGTON, D.C. – This summer, U.S. Rep. Randy Feenstra (R-Hull) helped introduce the Main Street Tax Certainty Act, which would permanently allow Iowa small businesses to deduct 20% of their qualified business income from their federal taxes.
Over the last several months, President Joe Biden has desperately traversed the country trying to resuscitate his plummeting poll numbers and reassure American families that his economic agenda is working.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra issued the following statement after the national debt surpassed $33 trillion for the first time in American history:
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) issued the following statement regarding the Congressional Budget Office’s annual long-term budget outlook, which was officially published in late June.
WASHINGTON, D.C. – Last week, U.S. Rep. Randy Feenstra (R-Hull) led eight of his Republican colleagues on the House Ways and Means Committee in sending a letter to the German Minister of Finance, Mr.