BRADY: This Week's GDP Report Shows U.S. Economy Shrinking, Inflation Accelerating, with Signs of Recession Looming


Joe Biden & Democrats Nationally are failing the American people – and the Polls Show It

Texas Insider Report: AUSTIN, Texas – “This devastating report of negative economic growth is a clear signal of America heading towards recession. Under President Biden’s leadership, America’s economic performance has fallen short of projections in four of the last five quarters. Our economy is now shrinking," said the Ranking Republican Member of the House Ways & Means Committee, Cong. Kevin Brady of Houston, after the Bureau of Economic Analysis reported on Thursday that the nation's GDP (Gross Domestic Product) showed a disappointing -1.4% growth rate for the first quarter of January through March of this year. 

"Accelerating inflation, a worker crisis, and the growing risk of a significant recession are the signature economic failures of the Biden Administration – and will likely get worse.

"This is what happens when a President treasures his unpopular Socialist Agenda over the needs of American workers, families, and Main Street businesses,” said Brady.
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