Democrats and Republicans agree —time to stop the spending, Joe.
According to a Fox News report, “dozens of Democrats have joined GOP members in a vote to require the White House to assess the inflationary effect of President Biden’s executive orders before they are issued.”
From Fox News:
The bill is the latest effort by Republicans to pump the brakes on Biden administration policies that they say are causing the highest inflation levels seen in decades. But the bill was also supported by 59 Democrats, and easily passed in a 272-148 vote.
Under the bill, any executive order that has an annual budgetary effect of $1 billion or more would have to first be studied by the administration for its possible inflationary effects on the economy, which Republicans say would make Biden think twice about imposing costly new rules on the public.
The bill passed over objections from Democrats who rejected GOP arguments that Washington policies – either in the form of edicts from the Biden administration or massive waves of new federal spending by Congress – have caused inflation. Rep. Cori Bush, D-Mo., blamed the higher costs faced by millions of Americans on COVID and Russia’s invasion of Ukraine.
More over at Fox News:
BREAKING NEWS: Dozens of Dems join GOP to rein in Biden’s ‘far-left,’ inflationary executive ordershttps://t.co/tmzA7p7KQW
— Fox News (@FoxNews) March 1, 2023
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