A $600 Billion Gift to Wall Street, Paid for by the Public
form of Interest on Reserve Balances. But when inflation concerns required the Fed to raise interest rates from
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20 results for “inflation” · Senate · Kentucky
There are $186 billion reasons why we must audit the Fed
holding Fed funds was originally intended to control inflation. And from 2008 to 2016, the interest rate
McConnell on FY26 Defense Appropriations, Work Ahead
would have amounted to a net cut after inflation, a continuation of the Biden approach to discretionary appropriations
McConnell on FY26 Defense Appropriations, Work Ahead
would have amounted to a net cut after inflation, a continuation of the Biden approach to discretionary appropriations
McConnell Delivers Remarks on NATO, Greenland, and the Credibility of U.S. Alliance Commitments
this year doesn’t keep pace with inflation. The FY26 topline won’t come close to covering growing
Chairman McConnell in The Wall Street Journal: Peace Through Strength Is Worth Paying For
that would hold annual defense spending stagnant against inflation. In the One Big Beautiful Bill Act, administration officials
McConnell: Delivering “Trump Buildup” Will Require Serious, Full-Year Defense Appropriations
requests that didn’t even keep pace with inflation. “This Administration cannot afford to make the same mistake
McConnell Opening Statement at SAC-D Hearing on FY 26 Budget Request for the Air Force and Space Force
willing to keep pace with inflation. “The Air Force needs to modernize its bomber and fighter fleets
McConnell On U.S. Hard and Soft Power at Senate Appropriations Hearing w/ OMB Director Vought
budget request that fails to keep pace with inflation, let alone with the “pacing threat” of China … even believe we need sustained growth above inflation in our defense budget? “Or should we expect annual cuts
McConnell Opening Statement at SAC-D Hearing on FY 26 Budget Request for the Navy
defense topline that doesn’t keep pace with inflation – let alone with the ‘pacing’ threat
McConnell Opening Statement at SAC-D Hearing on FY 26 Budget Request for the Army
defense budget can’t even keep pace with inflation. “This subcommittee hopes to be an active partner
McConnell Opening Statement at SAC-D Hearing on FY 26 Budget Request for the Department of Defense
requests that would fail to keep pace with inflation – let alone with the pacing threat of China
McConnell Remarks at CSIS Global Security Forum on Defense Innovation
with the headwinds of rising mandatory costs and inflation, the real drivers of our budget deficit. This
Congress Must Assert Itself on Tariffs
elections in large part because the inflation caused by President Biden’s reckless spending made everyday household staples
McConnell in Washington Post: We Cannot Defeat Tomorrow’s Enemies With Yesterday’s Budgets
expensive in recent years. In times of high inflation, governance without updated appropriations means diminished Pentagon buying power … buying power. In other words, contending with current inflation and new requirements with old funding levels has already
McConnell Proud to Confirm Lutnick as Commerce Secretary
President Biden’s reckless spending and runaway inflation. It’s time to provide working families some much-needed
McConnell Comments on Gabbard Nomination
product of Chinese aggression, not western ‘threat inflation’. Russia’s escalation of its unprovoked war of aggression against
McConnell Proud to Confirm Bessent as Treasury Secretary
after four years of reckless spending and runaway inflation under the Biden Administration. Scott Bessent’s sharp financial
McConnell on Biden Admin. Foreign Policy Legacy and Restoring American Hard Power
requests that failed even to keep pace with inflation, let alone the pacing threat of the PRC. “While
McConnell in WSJ: Biden Sells Out American Workers, National Security to Big Labor
Biden’s marquee domestic legislation, the inaptly named Inflation Reduction Act, picked a fight with America’s closest