Rep. Langworthy Slams Bidenomics on the House Floor
WASHINGTON, D.C. — Congressman Nick Langworthy (NY-23) recently gave a floor speech highlighting the devastating consequences of Bidenomics on the American economy.
Remarks as prepared for delivery:
"Mr. Speaker, today, the United States national debt is more than $34 trillion, 408 billion (dollars). That puts our debt per citizen at over $102,000 (dollars).
Since President Biden took office, inflation has increased by more than 17%. It’s simple: Bidenomics is pricing Americans out of the American dream.
Bidenomics continues to fail the American people as it creates one of the most unaffordable housing markets in recent memory, putting homeownership out of reach for millions of hardworking Americans. Average monthly home payments have increased by 90% since Joe Biden entered the White House.
That’s why this legislative body is working to block his policies that drive up our national debt and push costly and burdensome regulations that increase costs for consumers.
Just look at Biden’s war on American energy producers: his administration is doing everything it can to block domestic oil and gas production, ban gas stoves and gas cars, and even hinder the export of American energy to our allies.
It’s clear that President Biden and my colleagues across the aisle would rather push their woke Green New Deal policies than do what’s right for the American people.
Hardworking Americans are still struggling to pay their bills and balance their family budgets while the President and Democrats in Washington continue to spend carelessly.
We must reverse course now to secure our nation’s financial future; that’s why House Republicans have been focused on cutting federal spending, that’s why we worked to avoid a trillion-dollar Christmas omnibus, and that’s why we’re going to keep fighting to put this country back on the right track."