News from Congressman Gus Bilirakis
Democrats’ liberal economic policies are forcing Florida families to pay more for everything. And, over 60% of Americans are living paycheck to paycheck as a result of these poor decisions.
Last week, the fed announced another massive interest rate hike to try to combat inflation. However, in order to provide true relief, Congress has to reverse course and abandon the policies that have fueled this crisis. In a perfect example of reckless spending, this article (*) highlights how the passage of the recent CHIP Act, which I opposed, had negative consequences. This gift of your tax dollars to big business was not needed in this already booming and profitable industry. Now investments that were already being made as a result of market pressure are being halted while companies wait for a government hand-out! My colleagues and I are committed to creating a strong economy that works for every American by reining in reckless government spending.
Additionally, in its rush to embrace green energy products, this Administration has crippled domestic production, destroyed the economy, and hurt American consumers. To strengthen our economy and reduce emissions, we must also restore American energy independence now!
(*) https://rollcall.com/2022/10/26/chip-makers-offer-big-investments-as-they-jockey-for-federal-aid/
