Tag: Fiscal Responsibility

U.S. SENATE – U.S. Senator Steve Daines released the below statement following the passage of the rescissions package in the United States Senate: “The federal government is $37 trillion in debt. Today I voted to reduce waste and fraud in several federal programs so that Montanans’ taxpayer dollars are used effectively. This spending cut is a step in the right direction toward fiscal sanity and getting our country back on track, and I was proud to support it,” said Daines. ### Contact: Matt Lloyd, Gabby Wiggins

“Laughable that Chuck Schumer is Calling Spending Cuts a Threat to America” U.S. SENATE – U.S. Senator Steve Daines today joined Fox Business to discuss the importance of federal spending cuts in the upcoming rescissions package and the need for possible regime change in Iran. Watch the full interview HERE. Daines on Schumer’s attacks on the rescissions package: Well, look, we’ve got to capitalize on the great work the DOGE team did to find ways to reduce federal spending. It’s laughable to think that Chuck Schumer is calling this toxic and a grave threat to America. But keep in mind, this is about

U.S. SENATE – U.S. Senator Steve Daines today voted against the $1.7 trillion, 4,155-page omnibus spending package that includes $9.8 billion of earmarks, fails to secure the southern border and will spur inflation.   “At a time when Montanans are already facing sky-high prices everywhere from the grocery store to the gas pump, I cannot support a $1.7 trillion package that was written behind closed doors, is packed with wasteful spending and fails to address the crises facing Montana families like the wide-open southern border. Rather than getting Congress’ fiscal house in order, this giant bill will only fuel inflation and big government spending insanity. Montanans deserve transparency and accountability from their

U.S. SENATE – U.S. Senator Steve Daines, member of the U.S. Senate Finance Committee, helped introduce legislation to enable oversight of the IRS and provide accountability to Montana taxpayers. “The Democrats gave the IRS a blank check to go after small businesses, farms, and Montana families with an army of 87,000 new agents and 1.2 million additional audits. It’s our job to prevent the IRS from being used as a political weapon, and to keep them transparent and accountable to Montanans,” Daines said. Senator Daines was joined by Senators Thune (R-S.D.), Grassley (R-Iowa), Barrasso (R-Wyo.), Braun (R-Ind.), Burr (R-N.C.), Cassidy (R-La.), Cornyn (R-Texas), Crapo (R-Idaho), Lankford (R-Okla.), Portman (R-Ohio), Toomey

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

U.S. SENATE – U.S. Senator Steve Daines today issued the following statement after the September Producer Price Index (PPI) rose to 8.5% and the Consumer Price Index (CPI) climbed to 8.2% year over year. “Another month of crushing inflation means another month of Montanans struggling to put food on the table and gas in their pickups. Inflation is a tax on all Montanans, and those who can afford it the least, feel it the most,” Daines said. “President Biden and the Democrats need to wake up and put an end to their disastrous policies that are fueling sky-high inflation.”  Contact: Rachel Dumke,  Blake Kernen

U.S. SENATE – U.S. Senator Daines today issued the following statement after the latest inflation numbers came out higher than expected at 9.1%, breaking a new 41-year record. “Yet another month of crushing inflation numbers breaking the bank for families across Montana. Montanans cannot afford President Biden’s disastrous economy and policies,” Daines said.  Contact: Rachel Dumke,  Blake Kernen  

U.S. SENATE – U.S. Senator Steve Daines helped introduce the “Middle-Class Savings and Investment Act,” which will help Montana families invest towards their future amid this period of historic inflation and economic hardship. The bill would provide tax relief to lower and middle-income families and retirees as inflation outpaces the growth of their savings.  “From prices at the grocery store to the gas pump, President Biden’s economy is bankrupting Montana families and making it hard to plan for the future, or even tomorrow. This bill will help give hardworking, middle class Montana families a leg up by expanding tax free investment and retirement savings