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CBO Director Says High Interest Rates Restrict Federal Policymaking, Stifle Private Sector
July 09, 2024

WASHINGTON, July 9 -- Sen. Charles E. Grassley, R-Iowa, issued the following news release:

Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) today questioned Congressional Budget Office (CBO) Director Phillip Swagel about the dangers of Democrats' tax proposals, high interest rates and the Biden administration's regulatory agenda.

VIDEO

Grassley's questions, including notable excerpts, follow.

Current Interest Levels:

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