House Speaker Mike Johnson said that “Bidenomics,” which is marked by high government spending, caused inflation and the current economic problems. Johnson pointed to several successful Republican policies that he says lowered inflation and grew the economy, particularly lower gas prices and strong growth.
During an interview Monday on Fox News, Johnson spoke with co-hosts Bill Hemmer and Dana Perino about the success of Republican economic policies, Democrats’ calls to defund and abolish ICE, and false claims from Democrats about the Stop Insider Trading Act.
“What the President is referring to when he calls [affordability] a ‘hoax’ is the Democrats’ spin; it is Bidenomics that got us into this mess. It is Bidenomics, the outrageous spending levels that drove inflation to 40-year highs, that’s why prices are up now,” Johnson said when asked about Republican efforts to reverse the Democrats’ cost of living crisis.
“We got to work on it immediately in January when Republicans took over the Congress, the House, the Senate, and the White House, and we did exactly what we said we were going to do: bring down inflation, cut taxes and grow the economy. And that’s what all the indicators are saying. Now, inflation is going down, gas prices at a five-year low, the growth rate is over 5%. That would’ve been unimaginable, even conservative economists didn’t think that was possible,” he added.
Johnson continued, “But it is evidence that when our policies are implemented, they work. Trump policies, Republican policies, are doing right by the American people and they’re going to reward that at the ballot box in this upcoming midterm election in November.”
Johnson went on to slam Democrats’ calls to defund and abolish ICE.
“They can’t because Republicans control Congress. This is no time to be playing games with national security and public safety. And that’s what Democrats are doing, beating the drums up here. Remember what ICE stands for? It’s Immigration and Customs Enforcement. They are enforcing the law. They are apprehending the dangerous criminals who were allowed into our country because Joe Biden kept the border wide open for four years,” Johnson said.
“It is estimated more than 20 million people came in, many of them were a great danger to our community. A lot of them have collected in cities like Minneapolis, you know, these sanctuary cities. They’re all there. And so, ICE has to go and do its job. There’s a lot of spin on the Democrat side. They’re assaulting our law enforcement officers and they’re breaking the law. They need to get out of the way and allow federal law enforcement to do its duty that serves all the American people,” he added.
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Johnson rounded out his interview by speaking about the New York Rep. Alexandria Ocasio-Cortez and others pushing “false claims” about the Stop Insider Trading Act.
“AOC is wrong as usual; she clearly hasn’t read the legislation. It bans trading stocks for anyone in Congress. And this is an important step to go forward because there have been a handful of people who have abused that over the years, and they’ve enriched themselves and they’ve engaged in insider trading,” Johnson began.
“It’s against the law, but we have to police it here because it’s people’s belief in, faith and trust in Congress that’s at stake. So, this is a very important step forward. AOC as usual has no idea what she’s talking about. It wasn’t drafted by wealthy lawmakers; it’s by rank-and-file members who are here serving our constituents, and we want to send that signal to the American people that they can trust Congress. This is a big step forward,” he concluded.
