Historic levels of inflation are crushing middle-class Kentuckians, killing small businesses and jeopardizing our economy. According to a study conducted by the University of Pennsylvania’s School of Wharton Business, inflation cost the average American family $3,500 in 2021. Ending this historic inflation is a top priority of mine in Congress. Here are some of the steps we must take to do so:
- Normalize monetary policy
- Enact pro-growth tax and regulatory policies—including by making the Trump tax cuts for the middle-class permanent
- End the Socialist spending sprees in Washington that is bankrupting our country and devaluing the dollar
- Unleash American energy producers to make America energy dominant again
As the lead Republican on the House Financial Services Subcommittee overseeing monetary policy, I will be your champion for a strong economic agenda that will ensure the great American economic comeback is on the horizon.