Joint Economic Committee Republicans @JECRepublicans Twitter profile

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Joint Economic Committee Republicans

@JECRepublicans

2 days

A disappointing July jobs report. Just 114,000 jobs added, well below the 175,000 expected job gains. Unemployment up 4.3% — the highest in nearly three years. The Biden-Harris admin’s economic policies are putting American workers further behind.

Live: Analysis of US Jobs Report for July

www.bloomberg.com

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Joint Economic Committee Republicans

@JECRepublicans

6 days

Today, the national debt eclipsed $35 trillion for the first time — a grim milestone. Our children & grandchildren deserve a fighting chance to grow up in a prosperous society. Each day we refuse to change our fiscal trajectory, we're keeping that opportunity away from them.

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Joint Economic Committee Republicans

@JECRepublicans

9 days

While there was strong economic growth in the Q2 2024 advanced estimate — even outpacing quarterly increases to total public debt for the first time since Q1 2023 — total public debt has STILL outpaced the economy by $933 BILLION over the past four quarters.

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Joint Economic Committee Republicans

@JECRepublicans

9 days

In the Q2 2024 GDP advanced estimate; real GDP increased at an annualized rate of 2.8% and nominal GDP increased $360 billion to $28.63 trillion, the current size of the U.S. economy. Read more in our Republican Staff Commentary ⬇️

Q2 2024 GDP Advanced Estimate Republican Staff Commentary

senate.gov

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Joint Economic Committee Republicans

@JECRepublicans

9 days

In June, headline PCE rose 0.08% and core PCE rose 0.18%. This brings year-over-year headline PCE to 2.51% and core PCE to 2.63%. Read more in our Republican Staff Commentary ⬇️

June 2024 PCE Republican Staff Commentary

senate.gov

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Joint Economic Committee Republicans

@JECRepublicans

11 days

The national debt is within $12 billion of eclipsing $35 trillion for the first time. While Washington continues its wasteful spending spree, hardworking families are being left behind & future generations are saddled with crushing debt. We must correct our fiscal trajectory.

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Joint Economic Committee Republicans

@JECRepublicans

12 days

In case you haven’t seen, we’ve rebranded our @JECRepublicans website! Check out our new design and be sure to catch up on our latest work below 👇

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Joint Economic Committee Republicans

@JECRepublicans

26 days

The average U.S. household must spend $1,085 more each month to maintain the same standard of living they had when President Biden took office. Families are falling behind because of this administration’s disastrous economic policies.

Two-thirds of middle-income Americans say they are falling behind due to cost of living: Primerica

Middle-income households are feeling the squeeze after years of elevated inflation, and 66% reported they are falling behind due to the high cost of living in the U.S.

www.foxbusiness.com

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Joint Economic Committee Republicans

@JECRepublicans

30 days

Total nonfarm payroll employment increased by 206K in June as the unemployment rate increased to 4.1% and the labor force participation rate increased to 62.6%. Read more in our Republican staff commentary⬇️

JEC Republican Staff Commentary

senate.gov

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Joint Economic Committee Republicans

@JECRepublicans

1 month

Charcoal won't be the only thing going up in flames at this year's Independence Day cookout — so will Americans' wallets. Families will be paying for the most expensive 4th of July ever, per @FarmBureau . The average grocery bill is $71.22 — up 5% from 2023 & up 30% since 2019.

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Joint Economic Committee Republicans

@JECRepublicans

1 month

Vice Chair @RepDavid penned an op-ed in @thehill today highlighting the Republican Response and emphasizing Congress’s responsibility for ensuring future generations are afforded the same economic opportunities we have all been blessed with as Americans.

Congress has an obligation to restore nation’s fiscal health. Here’s how it can

Congress can no longer afford to ignore the nation’s debt dependency. There are three areas where we believe we can begin to put the U.S. on firmer financial footing.

thehill.com

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Joint Economic Committee Republicans

@JECRepublicans

1 month

In April, the federal government spent more on net interest over the previous year than all DOD funding for the first time ever. This level of borrowing is unsustainable. We cannot continue to bankrupt the nation & pass along the consequences to our children & grandchildren.

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