Chairman Schweikert on January Inflation Report
“The persistent inflation this report shows partially correlates directly with years of excessive government spending and poor economic policies” said Chairman-Designate Schweikert. “Despite a change in administration, the economic challenges that American families face have not disappeared overnigh...
Congressman Schweikert on December Jobs Report
“As we transition to a new administration, the December jobs report provides an essential opportunity to assess the economic policies of the Biden administration and the challenges facing hardworking Americans”
November 2024 PCE and Q3 2024 GDP Third Revision Staff Commentary
Vice Chairman Schweikert on November Inflation and Real Earnings Reports
Four years of poor economic policy have left household budget’s razor thin ahead of the holiday season. Whether it be in the checkout line or at the gas pump, Americans feel inflation effects everywhere except their paychecks. Republicans intend to reverse the curse of inflation crushing the middle...
November 2024 CPI and Real Earnings Staff Commentary
November 2024 Employment Situation and October 2024 JOLTS Staff Commentary
October 2024 PCE and Q3 2024 GDP Second Estimate Staff Commentary
Vice Chairman Schweikert on National Debt Surpassing $36 Trillion
“The blatant disregard for fiscal responsibility is astounding – not only are we now $36 trillion in debt, but it only took 118 days [since July 26, 2024] to add the last trillion. The next trillion will come all too soon,” said Vice Chairman Schwikert.
Vice Chairman Schweikert on Monthly Treasury Statement and JEC Hearing Advisory
Today, Joint Economic Committee Vice Chairman David Schweikert released the following statement after the U.S. Department of Treasury released the Monthly Treasury Statement for October 2024 which showed net outlays were $548.2 billion and net receipts were $326.8 billion, resulting in a deficit of ...