July 28, 2022
U.S. Senator Ben Sasse, a member of the Senate Budget Committee, issued the following statement after the American economy entered a recession after GDP fell 0.9% in the second quarter, the second straight quarter of decline.
“This is ugly news. A recession doesn’t really hurt politicians or lobbyists, but it absolutely slams families. The economy is shrinking, inflation is climbing, and wages aren’t keeping up. But instead of pulling their heads out of the sand and acknowledging the crisis, the Biden Administration is trying to pass another partisan tax-and-spend bill that will cost Americans hundreds of billions of dollars. We can’t afford this nonsense.“