Chairman Williams Releases Statement on Weak GDP Results
Summary
On April 27, 2023, Chairman Roger Williams (R-TX) issued a statement on GDP data showing the economy slowed to a 1.1% annual rate. Williams says President Biden’s presidency has been “an abject disaster for Main Street” and for the pocketbooks of all working-class Americans. The statement says that inflation caused by runaway government spending and interest rates rising at the fastest pace since the 1980s mean this economy is not working for Main Street. It calls the GDP number of just an anemic 1.1% further proof of these existing challenges.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Cite this document
“Chairman Williams Releases Statement on Weak GDP Results.”
Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/405514-2023-04-27-chairman-williams-releases-statement-on-weak-gdp-r-9618426160/
, SHA-256 3319b334c5a253f12b1f316979075ec1d4332a623c8d57632f4233921388295c.Full text
Chairman Williams Releases Statement on Weak GDP Results Source(print): https://smallbusiness.house.gov/news/documentprint.aspx?DocumentID=405514 Chairman Williams Releases Statement on Weak GDP Results smallbusiness.house.gov Cmte Small Business (R) Contact: Chairman Williams Releases Statement on Weak GDP Results Statement on Q1 GDP Washington , April 27, 2023 - WASHINGTON, D.C. – Today, Chairman Roger Williams (R-TX) issued the following statement on today’s GDP data showing the economy slowed to a 1.1% annual rate. “Despite what President Biden may say, his presidency has been an abject disaster for Main Street and for the pocketbooks of all working-class Americans,” said Chairman Williams. “Whether it be two years of unprecedented levels of inflation caused by runaway government spending, or interest rates rising at the fastest pace since the 1980s, this economy is not working for Main Street. These kitchen table issues are keeping far too many of our country’s entrepreneurs up at night and today’s GDP numbers showing our economy decelerated more than expected to just an anemic 1.1% is further proof of these existing challenges. Main Street America needs economic environment that works for them and one that helps set our nation’s job creators on a pathway to success.” ###
File and source
- File
- 405514_2023-04-27_chairman-williams-releases-statement-on-weak-gdp-r.txt
- Size
- 1,344 bytes
- SHA-256
- 3319b334c5a253f12b1f316979075ec1d4332a623c8d57632f4233921388295c
- Original
- No public link identified.