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Chairman Schweikert Files Joint Economic Report in Response to the Economic Report of the President

“At the core of these five chapters lies a critical truth: the prosperity of our nation is on borrowed time,” said Chairman Schweikert. “As every dollar Congress votes on is borrowed, we must exercise the intellectual resolve to confront the looming fiscal crisis. Stopping excessive spending is nece...

JEC Response to Erroneous Democratic Analysis on Medicaid

Joint Economic Committee Democrats' recent analysis of proposed Medicaid spending reforms drastically overestimates the number of people who could potentially lose health coverage as a result of the approved House budget.

Chairman Schweikert on February Jobs Report

“As the February data demonstrates moderate employment and nominal wage growth, let’s be clear about the numbers…” said Chairman Schweikert

JEC Establishes Committee Leadership for the 119th Congress

The Joint Economic Committee in the 119th Congress will be led by Chairman David Schweikert (R-AZ-01) and Vice Chairman Eric Schmitt (R-MO).

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