Kevin Brady: “I thank Congressman Cawthorn for his leadership on behalf of working families, small business--of which he is one--for…”

“I thank Congressman Cawthorn for his leadership on behalf of working families, small business--of which he is one--for getting this economy going again. I thank him for allowing me to be part of this Special Order. Mr. Speaker, when President Biden promised to focus on climate change, I didn't realize he meant changing the climate of the U.S. economy by cooling off the jobs recovery. The President inherited a strong recovery, life-saving vaccines, a reopening economy, and trillions of dollars in COVID stimulus. Yet, in his first 5 months of this year, America is nearly 550,000 fewer jobs than in the last 5 months of 2020 under President Trump-- 550,000 fewer jobs. Inflation is running twice as high as wage growth. In fact, for Americans, their pocketbook, their paycheck has actually declined in buying power since President Biden took office. America's jobs recovery ought to be surging, but instead, April/May reports were just disastrous. Main Street businesses, Congressman Cawthorn, as you said, they are struggling to find workers. Labor force participation is back in the 1970s. Inflation has hit a 13-year high, and a lot of Americans are fearful about the impact of rising prices and slow growth economy when the sugar high from all this COVID stimulus goes away, which is exactly what President Biden's budget admits will do.…”