Daines, Colleagues Seek Nonpartisan Assessment of Democrats’ Reckless Inflation Wreckage on America’s Federal Debt
U.S. SENATE – U.S. Senator Steve Daines, member of the Senate Finance Committee and the Senate Banking Committee, today led a group of his colleagues in sending a letter to the nonpartisan Congressional Budget Office (CBO) demanding a swift and thorough assessment of the short and long term effects of the Democrats’ reckless spending and inflationary policies on the nation’s fiscal future. “We write to obtain CBO’s assessment of the effects of rapid acceleration of interest rates on net interest costs of servicing the $31-trillion-plus, and growing, federal debt, and effects of the runaway 40-year high consumer price inflation that has been hammering American families and