Congressman Yakym Presses President Biden’s OMB Director on Inflation

Washington, D.C. – Yesterday, Congressman Rudy Yakym (IN-02) pressed President Biden’s Director of the Office of Management and Budget (OMB) Shalanda Young on historically high inflation and the president’s irresponsible and unaffordable spending proposals at a hearing of the House Budget Committee. The topic of yesterday’s hearing was the President’s Fiscal Year 2024 Budget Request: 

“Inflation is the single biggest issue I hear from my constituents as I travel the 11 counties within my district. Seniors can’t keep up with the price of food. Farmers can’t keep up with skyrocketing input costs, and the same is true for small businesses. Families feel the pain at the grocery store and at the pump. Local governments can’t get vital infrastructure projects done because of the skyrocketing costs. These are the stories I hear from real people as I travel the district. 

“It’s generally accepted in the economics community that there are two main ways to lower inflation: reduce federal spending or raise interest rates. We saw that just yesterday that the Federal Reserve is taking their foot off the gas as it relates to interest rate hikes, so what about the spending equation from our federal government? 

“The president’s budget  doubles down on policies that supercharged this generational inflation. It’s a fiscally irresponsible economic disaster … it also calls for $82 trillion of spending over 10 years, which adds $17 trillion to our debt, on top of the $31 trillion we already have.” Click HERE to watch Congressman Yakym’s full remarks and line of questioning at yesterday’s committee hearing. 

Recent Posts


Yakym Votes to Impeach Mayorkas

Washington, D.C. – Today, Congressman Rudy Yakym (IN-02) issued the following statement after voting to impeach Department of Homeland Security (DHS) Secretary Alejandro Mayorkas: “For three years Secretary Mayorkas has refused to comply with and enforce the immigration laws Congress has passed. Instead, he has opted for the political priorities of the progressive left, which […]



Feb 1, 2024
Economy & Jobs

Yakym Votes for Pro-Growth Tax Reform

Washington, D.C. – Congressman Rudy Yakym (IN-02) released the following statement after voting for the Tax Relief for American Families and Workers Act; legislation that passed the U.S. House of Representatives on an overwhelming bipartisan basis last evening: “I have heard from countless Hoosiers about the need for more economic certainty and pro-growth tax policies that […]



Yakym Participates in Biden Border Crisis Roundtable

Washington, D.C. – Today, Congressman Rudy Yakym (IN-02) participated in a roundtable discussion on President Biden’s border crisis with House Republican colleagues and members of law enforcement. During the roundtable discussion, Congressman Yakym referenced conversations he previously had with Pulaski County Sheriff Chris Schramm and Cass County Sheriff Ed Schroder about how deadly fentanyl flowing […]