Grassley Redlines President Biden’s Budget Proposal

Statement

“President Biden’s FY 2025 budget is chock full of corner-cutting to circumvent congressional spending caps and presents short-sighted plans to burn through Americans’ pocketbooks. That combination is sure to yield severe long-term consequences.

This administration’s irresponsible fiscal and regulatory record have wreaked havoc on our economy. Thanks to Bidenomics, families will pay thousands of dollars more every year just to cover higher costs of living. Meanwhile, President Biden plans to shelve tax relief for hardworking American families. And soon, the federal government will have to funnel more tax revenue towards interest than beneficial programs.

The American Dream is farther out of reach with every passing year of Biden’s presidency. We must reverse course and address the nation’s ballooning debt, to rescue future generations from even greater economic harm.”

Source