Johnson

Rep Mike Johnson Sets Out Vision For Tackling Debt & Inflation Crisis Immediately!

Rep. Mike Johnson, the newly elected Speaker of the House of Representatives, has committed to establishing a fiscal commission to tackle America’s rising debt and inflation crisis. He called on both parties in Congress and the White House to address the “catastrophe” at the southern border. In his first address as Speaker, Johnson emphasized that reducing government spending is essential to curbing inflation, which stresses American families.

Congress must pass a federal budget by Nov 17th to avoid a government shutdown. The White House and congressional leaders will soon negotiate what federal spending is appropriate for 2021. Rep Ralph Norman, R-S.C., revealed that the GOP-led House might pass a temporary spending bill or ‘Continuing Resolution’ through January to reach an agreement between all parties involved.

The deficit for the fiscal year 2023 came in at a record $1.7 trillion – not including President Biden’s revised student loan plan, which would cost an estimated $475 billion over ten years, according to recent studies. Johnson argued that reining in federal spending would help combat this growing issue while also bringing relief to American citizens struggling with rising living costs due to increasing prices and credit card rates since 2001.

Finally, Johnson promised members of the GOP conference that he would begin “decentralizing” power within his office by involving more members in processes and significant decisions made within the House of Representatives – stressing transparency, trustworthiness, and accountability from himself as Speaker going forward.

There are many challenges ahead. Still, Rep Mike Johnson has already set out his vision for tackling these problems head-on – setting up his speakership with a focus on debt, inflation, and ‘border catastrophe’ as top issues going forward into 2024!

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