I’m urging you to put an end to the reckless government spending and antiquated regulations that are crushing millions of American families.
The damage caused by Washington’s fiscal failures is doing more than just crush them under rampant inflation and skyrocketing prices today. Now it’s robbing millions of Americans of their futures.
Over the last several months, millions of Americans have watched helplessly as the cost for a loan has soared, their life’s savings have evaporated under inflation, and their retirement accounts have withered in an uncertain market.
Since January 2021, inflation has eroded the dollar’s purchasing power by nearly 13%. This has severely weakened the value of every savings account and is devastating Americans living on fixed incomes like annuities that aren’t inflation adjusted.
Perhaps worse, the debt-fueled inflation created by Washington has dramatically increased borrowing costs, increasing the risk of a global recession. Businesses large and small are taking notice, scaling back investment, driving down markets, and crushing the retirement savings of millions of Americans.
On top of it all, Washington’s debt-fueled spending spree that forced the Federal Reserve to print trillions of dollars has now made them rapidly raise interest rates to combat inflation, making a serious recession – and serious job losses – that much more likely.
The more money the U.S. government pumps into our economy, the worse the situation becomes. Yet Washington continues to use the pandemic, corporate greed, and geopolitical instability to justify more runaway spending.
It’s time for our government to take accountability for the out-of-control-spending and burdensome regulations that are hurting working Americans.
Please, work to remove antiquated regulations, unleash energy abundance, and stop out-of-control spending to give Americans financial security and empower them to achieve the American Dream.