I thank the distinguished gentlewoman from Minnesota for yielding. Just to recap where we are from yesterday, the whole Congress eagerly awaited to hear what the big anti-inflation initiative would be coming from the GOP side of the aisle…

Now we move from the ludicrous to the absurd to the sublime. Yesterday, they wanted a report from the President upon issuance of an executive order for executive orders having an inflationary impact or having an economic impact of $1…

So I believe our colleagues are coming clean. They opposed the American Rescue Act, which was absolutely essential legislation to get the country out of the Trump economic wreckage during the last administration. We had 14.8 percent…

I don't know that there is much left to say on the substance of this amendment. I did hear my colleague from Pennsylvania make some sort of disparaging remark about Maryland and about how he didn't live in Maryland, where, apparently, we…

I thank the gentleman for his extraordinarily insightful and significant remarks. The only exception I would take is when he referred to extreme MAGA. We actually had a colloquy about this yesterday with the good gentlewoman from Colorado…

Yes, the prices of housing are too high, and the prices of groceries are too high. That is why the administration is working concretely to lower prices and why inflation is coming down now across the board. What do we get from the majority…

It is always a pleasure to hear my friend from Texas, Mr. Roy, who mentions something which sounded like a substantive suggestion about ending corporate subsidies, or perhaps I intuited or interpreted that. If he wants to work on…

I claim the time in opposition. The Acting CHAIR: The gentleman from Maryland is recognized for 5 minutes.

May I inquire as to how much time is remaining? The Acting CHAIR (Mr. Bucshon). The gentleman from Maryland has 2\1/ 2\ minutes remaining.

As far as I understand, the amendment just adds one more unnecessary detail to the report, creating greater administrative burden and taxpayer costs that are still undefined. It is unclear why it is necessary. If it is necessary, it should…

I claim the time in opposition. The CHAIR. The gentleman from Maryland is recognized for 5 minutes.

I want to just clear up a couple of things. First, I heard the very distinguished gentlewoman from Colorado mention job creators. I assume she was responding to President Biden since 12 million new jobs have been created under President…

I just repeat my puzzlement from before. Perhaps if Mr. Cloud would yield for another question. What is the inflationary impact of debt servicing costs? Have there been any economic studies on that? Madam Chair, I yield to the gentleman…

We have created 12 million new jobs in America. How many million jobs do they want to erase over there in their desperate, sudden pursuit of inflation? They raised the debt limit three times under Donald Trump. Now they talk about the debt…

I will just end on this one with this thought. The majority comes forward with a plan to say we want to know an estimated inflationary impact of an executive order, and then we have a series of Christmas tree amendments saying, make sure…

I would ask if the gentleman would be willing to yield for a couple of questions? Again, there was no hearing in committee, so I don't understand this. This might be a great idea, but I would like to figure it out. It requires that any…

Reclaiming my time, this very constructive colloquy, I think, underscores the importance of actually having hearings in Congress. This is legislation that sprung out of someone's head somewhere and then appeared on the House floor without…

I reclaim my time and thank the gentleman for his kind answers. This really is why we have hearings in Congress, because it feels like we are just posting a lot of graffiti on a wall here. I don't know how the inflation rate is calculated…

I want to speak in strong support of the gentlewoman's amendment. I thank Ms. Jackson Lee for her leadership in terms of real economic policy, which is about making the government an instrument of well-being and public good. We know we…

I thank the distinguished ranking member of the subcommittee for her leadership on refuting this legislation. After 2 years of rooting for economic failure and blaming President Biden for everything; for post-COVID global inflation, for…

I reclaim my time. I think the gentleman raises a very interesting point. I would love to know the answer as to whether or not it is actually incorporated today in what the inflationary or deflationary effects are of debt servicing costs…

Reclaiming my time. That makes great sense to me, and I am tempted to support the amendment. If the gentleman is correct, that points to a larger problem. Is the gentleman telling us that the inflation rate today that is published by our…

The first thing I want to note about this amendment is that it now expands the definition of a major executive order to include those projected to cause an annual gross budgetary or economic effect of at least $1 billion, which includes…

Actually, I have a question because it strikes me as a very sincerely and decently motivated amendment to a flawed bill. But is there a reason to think that any of the current economic analyses of inflation and the current indicators that…

Reclaiming my time, I don't know what the reason for that is, and thank you for educating me. I wasn't aware of it. I assume they are saying the inflation rate is higher in urban areas than it is in rural areas, which is, presumably, why…