Sen. Mike Braun, R-Ind., explains how Democrats' excessive spending and debt ceiling stalemate means Americans' retirements are 'now in jeopardy' by not producing the best return.
Sen. Mike Braun, R-Ind., encourages both Republicans and Democrats to see through 'the smoke and mirrors' within debt ceiling talks.painting a "sad picture" for the future of the U.S. economy, one Republican senator raised additional concerns about excessive spending and an aging workforce hitting retirement benefits.." "Not only that, look at ESG, where they're trying to direct you into something other than the best return.
"Inflation was the nasty that got out of the bag when the political enterprising occurred on top of what we did during COVID, which got the economy down. You dumped all that fiscal stimulus and that was guaranteed to start some inflation," Braun said. "The Democrats doubled down on it over the last two years.""Go back to pre-COVID. Look how good it was working," the senator continued. "It's not hard to figure out what we need to do.
"Your retirement is now in jeopardy," Sen. Mike Braun, R-Ind., said Wednesday on"Mornings with Maria" while detailing his office's report showing 43% of U.S. retirees are considering going back to work due to inflation.in the coming months amid signs of underlying inflationary pressures in the U.S. economy.
In separate speeches and interviews this month, several policymakers hammered home a hawkish message: While they welcome recent declines in inflation, they warn that inflation still remains too high for a pause in the central bank's tightening campaign. Happening at the same time are tense talks between House Speaker Kevin McCarthy and Biden administration negotiators to reach an agreement, raise the debt ceiling and avoid a default, which Treasury Secretary Janet Yellen cautioned could
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