Sen. Portman Draws Attention to CBO Report That Says Inflation Jeopardizes U.S. Fiscal Position
March 04, 2022
March 04, 2022
WASHINGTON, March 4 -- Sen. Rob Portman, R-Ohio, issued the following news release:
The Congressional Budget Office (CBO) responded to a request from Senator Rob Portman (R-OH) and members of the Senate Finance Committee for information about budgetary effects of the high and rising inflation that continues to hurt American households. According to the CBO, inflation and accompanying higher interest rates stemming from inflation further erode the fiscal position of the United States . . .
The Congressional Budget Office (CBO) responded to a request from Senator Rob Portman (R-OH) and members of the Senate Finance Committee for information about budgetary effects of the high and rising inflation that continues to hurt American households. According to the CBO, inflation and accompanying higher interest rates stemming from inflation further erode the fiscal position of the United States . . .