If we keep overspending, our interest payments will become an increasingly larger part of our budget.
Kevin Brady: “If we keep overspending, our interest payments will become an increasingly larger part of our budget.”
Editor's note · Context
Warns that overspending will harm national defense funding.
Share
More from Kevin Brady
I include in the Record the following article by Americans for Tax Reform, which debunks the Inflation Reduction Act by describing the top five budget gimmicks in this bill, showing over $330 billion in fake savings, more than the…
I include in the Record Page 16 of the Department of the Treasury's tax compliance plan, which shows the agency intends to hire 87,000 new IRS employees. Restoring IRS Resources The first step in the President's efforts to restore IRS…
I include in the Record the following Joint Committee on Taxation analysis that shows that American manufacturers are hardest hit by the Democrats' made in America tax--$200 billion-- and they will pay over half of that tax. Congress of…
I include in the Record this Penn Wharton School of Business analysis that debunks the Inflation Reduction Act, showing how this bill will reduce inflation by less than a tenth of 1 percent in the first 5 years, with zero impact on…





