Hold the line on reckless inflationary spending that’s driving up costs for gas and groceries on Americans working hard to make ends meet and passing the buck to future generations to shoulder the debt burden
Oppose reckless inflationary spending that raises costs and adds debt for future generations.
Occurrences
Hold the line on reckless inflationary spending that’s driving up costs for gas and groceries on Americans working hard to make ends meet and passing the buck to future generations to shoulder the debt burden
Hold the line on reckless inflationary spending that’s driving up costs for gas and groceries on Americans working hard to make ends meet and passing the buck to future generations to shoulder the debt burden
Evidence
Grassley lists debt-offset tax proposals plus PRICE Act and Inflation Prevention Act cosponsorship to scrutinize inflationary spending.
On passage of H.R. 3746, the Fiscal Responsibility Act, Grassley voted Yea; the bill passed 63-36.
CBO estimated H.R. 3746 would reduce projected budget deficits by about $1.5 trillion over 2023-2033.
On passage of H.R. 1 as amended, Grassley voted Yea; the bill passed 50-50 with the Vice President voting Yea.
CBO estimated Public Law 119-21 would increase the unified budget deficit by $3.4 trillion over 2025-2034.
Assessments
Grassley took concrete same-term steps aligned with the pledge, including voting for the Fiscal Responsibility Act and backing anti-inflation/debt scrutiny proposals. But he also voted for H.R. 1, enacted as Public Law 119-21, which CBO estimated would increase deficits by $3.4 trillion over 2025-2034. That major contrary action means the promised outcome was not fulfilled, though there was serious legislative effort toward it.