Economy
Republican leaders blasted President Joe Biden after November's Consumer Price Index released Friday reached its highest level in 39 years.
Congress is gearing up to spend trillions of dollars on what is being labeled as a "transformative agenda to provide for the American people." In reality, we are expecting a massive expansion of our government, and to raise taxes in order to pay for this social spending plan. We have heard these plans will generate economic growth and cost $0. However, every American knows this proposal will cost the government trillions of dollars and increase already rising prices.
WASHINGTON, DC - Congressman Bryan Steil (WI-01) joined Republican Leader Kevin McCarthy, Katie Phoeling Seymour, President and CEO of First Supply from Madison, Wisconsin, and Republican Members of Congress for a roundtable discussion on the harmful effects of Speaker Pelosi and President Biden's "Made in America Tax." During the roundtable, Members discussed the impact increasing taxes would have on our workers and manufacturers.
Policymakers said the U.S. needs to do more to help older Americans reenter the labor force or transition to new careers as the economy rebounds from the coronavirus pandemic.
Secretary of Labor Marty Walsh, speaking at The Hill's "Back to Work: Helping the Long Term Unemployed" event Tuesday, said that older workers are often "overlooked."
The Federal Reserve's preferred gauge of inflation climbed in August at the quickest pace in 30 years, data released on Friday showed, keeping policymakers on edge as evidence mounts that rapidly rising prices are poised to last longer than practically any of them had expected earlier this year.
JANESVILLE, WISCONSIN—Congressman Bryan Steil (WI-01) joined Congressman Mike Gallagher (WI-08) and the Wisconsin Republican delegation in calling on Governor Tony Evers to clarify his past and present efforts to prevent unemployment fraud during the pandemic.
JANESVILLE, WISCONSIN—Congressman Bryan Steil (WI-01) released a statement on skyrocketing consumer prices, rising five percent from one year ago. According to the U.S. Department of Labor's report, this is the highest annual inflation rate since the Great Recession.
JANESVILLE, WISCONSIN—Congressman Bryan Steil (WI-01) released a statement following the release of President Biden's $6 trillion budget, increasing federal spending to World War II levels.
WASHINGTON, D.C.—Congressman Bryan Steil (WI-01), Senator Ron Johnson (R-WI), and members of the Wisconsin delegation called on Governor Tony Evers to end inefficient, wasteful incentives and help Wisconsin workers get back to work. You can read the letter here.