Brady: Biden Budget’s Tax Hikes Hit Middle Class and Family Businesses, Send Jobs Fleeing Overseas, Makes Inflation Worse

The following press release was published by the U.S. Congress Committee on Ways and Means on March 30. It is reproduced in full below.

Brady: Biden Budget’s Tax Hikes Hit Middle Class and Family Businesses, Send Jobs Fleeing Overseas, Makes Inflation Worse

March 28, 2022 - Blog - Press Releases - Select Revenue Measures

After President Biden released his FY 2023 Fiscal Budget, Ways and Means Republican Leader Kevin Brady (R-TX) issued the following statement:

“After inflicting the worst inflation on American families in 40 years, President Biden’s new budget blunder has tax hikes that hit the middle class and small family businesses, send jobs fleeing overseas, and more socialist spending.

“This will make inflation worse.

“If Americans had any hope left that President Biden could restore this economy, this budget should put an end to that."

Source: U.S. Congress Committee on Ways and Means