When Biden took office, the average monthly payment for a new home was $1,787. Today, it’s $3,322.
That’s over $18,000 more per year to own a new home, according to the Wall Street Journal.
I’m not saying Biden has some magic dial in the Oval Office that controls housing prices. But from his war on affordable energy, to his Administration’s quest for bigger government and more… Read more »
Very little attention is paid to those who are being punished – through NO FAULT OF THEIR OWN – by the fallout from out-of-control government spending. Would-be homebuyers are among those silent victims.
Inflation’s been through the roof, as you know, which triggered the Fed to significantly raise interest rates. If you or someone you know has wanted to purchase a home recently, it’s a… Read more »
The creditworthiness of the United States was downgraded by Fitch Ratings earlier this week. Everyone from the White House and Janet Yellen to financial analysts and journalists were losing their minds over this news.
But why on earth does this surprise anyone?!
Our nation is over $32 trillion in debt. Our deficit spending is out of control; we are spending trillions of dollars more… Read more »
With thousands of constituents on the phone, I covered a wide variety of topics yesterday during my telephone town hall. This include a long discussion on the the debt ceiling "deal" and our nation's massive debt problem.
For those who missed it, you can catch a full reply here...
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It was an honor be part of a special forum this morning at CPAC with Rep. Scott Perry, where we covered a wide variety of important issues facing Congress. The weaponization of government, border security, the Speaker's election, China, and more... nothing was off limits. Give a listen! Read more »
I’m not expecting much from the State of the Union address tonight. We’ll hear a lot of platitudes and cherry-picked statistics, but nothing meaningful in terms of policy or vision.
If you’re inclined to tune in to President Biden’s remarks tonight, I’d invite you to keep these facts in the back of your mind:
ILLEGAL IMMIGRATION: 4.5 million people have illegally crossed our southern… Read more »
We need to talk about how utterly foolish this President’s energy policies are. Here’s the headline from Sunday: “Biden gives Chevron permit to restart Venezuelan oil sales.”
Let’s unpack this a little.
Americans are paying 17.5% more for gasoline over the last year. Fuel oil (used for heating) is up 68.5%. Total energy costs are up 17.6%. These numbers are directly from the U.S.… Read more »
With fresh data from September released earlier this morning, inflation remains bad. The Consumer Price Index rose 8.2% over the last year, which is a 40-year high.
That means on average, the same goods & services you purchased last month cost 8.2% more than they did in September of last year. And don’t forget, Sept. 2021 was already 5.4% higher than Sept.… Read more »
I get a lot of questions about what Republicans will do next year when we take back control of the House of Representatives.
These are important questions. After all, we can talk forever about spiraling inflation, record illegal immigration, rising violent crime, foreign policy disasters, fentanyl crisis, “woke” education programs, out of control government bureaucracies, etc. But it’s… Read more »
Inflation data released this morning shows prices are still rising FOUR TIMES FASTER than normal under this administration. In August, year-over-year inflation rose 8.3%. That means on average, the cost of the goods and services you purchased last month were up 8.3% from August a year ago.
Pay close attention to how the liberal media reports this news. You’re likely to hear descriptions… Read more »
