BLOG: Democrats are doing the work of the American people. Republicans aren't doing much work at all.
From the Ways and Means Press Shop:
President Biden and Congressional Democrats are growing the middle class and delivering a historic economic recovery for workers and families. Americans are feeling the impacts of our historic legislative agenda firsthand – rising wages, growing economy, and falling inflation, all delivered by Democrats:
- Business Insider: The US economy is surging
“The US economy was seeing growth surge in the second quarter of 2023, according to new data out Thursday morning. According to the Bureau of Economic Analysis, real gross domestic product, or real GDP, grew at an annualized rate of 2.4% in the second quarter of 2023. That beats the 1.8% forecast…It's the latest sign of a good economy. There continues to be low unemployment in the US and slower but strong job creation. Inflation and core inflation as measured by the Consumer Price Index has also been cooling, and the Federal Reserve on Wednesday announced an interest rate hike following a pause in June.” [7/27/23]
“Morgan Stanley raised U.S. economic growth forecast for the year on a strong industrial sector and more public investment in infrastructure, and expects a ‘comfortable" soft-landing for the economy…incoming data now points to a more comfortable soft landing than we had anticipated, led by public investment in infrastructure and nonresidential structures investment, Morgan Stanley economist Ellen Zentner wrote in a note dated Thursday.” [7/21/23]
- Associated Press: U.S. consumer confidence jumps to a two-year high as inflation eases
“U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience…Employers are adding a strong 278,000 jobs a month so far this year; and at 3.6% in June, the unemployment rate is not far off a half-century low.” [7/25/23]
That’s not all – as House Democrats meet with constituents in communities across the country during this District Work Period, the results of our historic legislative accomplishments are hitting home. From the American Rescue Plan to the Inflation Reduction Act, House Democrats have helped build a stronger America for seniors and working families:
“On August 16, after the hottest June ever recorded and a scorching July, America’s long-sought response to climate change, the Inflation Reduction Act, turns one year old. In less than a year it has prompted investment in a massive buildout of battery and EV manufacturing across the states. Nearly 80 major clean energy manufacturing facilities have been announced, an investment equal to the previous seven years combined, according to the American Clean Power Association.” [7/23/23]
- Spectrum News: Study: Medicare beneficiaries have filled more insulin prescriptions under the Inflation Reduction Act
“Medicare beneficiaries have filled more insulin prescriptions since the Inflation Reduction Act went into effect, according to new study from the University of Wisconsin School of Medicine and Public Health and the University of Southern California Schaeffer Center for Health Policy & Economics...‘our analysis suggests that this policy meaningfully reduced the number of Medicare beneficiaries who were not filling their insulin because of the cost — which would have potentially put their health at risk,’ said Rebecca Myerson, study lead author and assistant professor of population health sciences at the UW School of Medicine and Public Health.” [7/23/23]
On the other hand, things aren’t so rosy for Republicans. If it isn’t their public infighting about SALT or public infighting about their doomed Appropriations bills, it’s public infighting about their baseless investigations.
Democrats are focused on the work of the American people: the economy. The contrast of chaos, conspiracies, and cuts are all Republicans have offered. If you won’t take it from us, take it from Ranking Member Neal himself:
The Boston Globe: “‘They’re making it up as they go on this stuff…I mean it’s conspiracy, conspiracy, conspiracy,’ Neal said in an interview in his Capitol Hill office. ‘This seems to me as though it’s debasing the Ways and Means Committee…it’s throwing up mud and seeing if anything sticks,’ Neal told the Globe. ‘I have no problem with oversight, that’s the responsibility of the Congress but … the zealotry is inconsistent with Ways and Means history.’” [7/20]