Ahead of SOTU: Ranking Member Cassidy Releases Report on Devastating Impacts of ‘Bidenomics,’ Biden’s Failed Policies on American Families

Press Release

Date: March 4, 2024
Location: Washington, D.C.

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“President Biden and his ‘Bidenomics’ agenda have failed the American people. While President Biden claimed that he would grow the economy from the “middle out,” in reality, he is squeezing the economy through inflation and top-down mandates. Americans are spending more and getting less, facing rising living expenses, dwindling savings, and fewer health, investment, and job options.

President Biden’s leadership has failed the American people. These failures mean record-breaking inflation, rising health care costs, open borders that jeopardize Americans’ safety, illegal giveaways that put taxpayers on the hook for billions of dollars of other people’s debt, and top-down mandates that kill jobs and put unions ahead of workers. As Ranking Member of the Senate HELP Committee, I’m committed to holding the Biden administration accountable for a ‘Bidenomics’ agenda that puts its political allies ahead of the vast majority of citizens.”

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