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Press Release Published: Sep 12, 2023

Fallon to Hold Hearing on Record-High Inflation and Doubled Federal Deficit Brought on by ‘Bidenomics’

WASHINGTON—Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs Chairman Pat Fallon (R-Texas) will hold a hearing next week titled “Bidenomics: A Perfect Storm of Spending, Debt, and Inflation.” The hearing will bring transparency to the harm President Biden’s economic policies, “Bidenomics,” have caused for American households, workers and businesses, and will examine Republican solutions to rein in spending, lower inflation, and balance the budget for the long term.

“The American people know exactly what Bidenomics is: reckless spending, anti-American energy policies, sweeping regulations, soaring inflation, and shrinking wages. We need to do away with Bidenomics and grow the economy for the long-term by putting the brakes on Democrats’ spending and ending the Biden avalanche of burdensome regulatory reforms. I look forward to having a conversation about Republican solutions to get us back on track before President Biden continues to damage America’s fiscal and national security with Bidenomics,” said Subcommittee Chairman Fallon.

WHAT: Hearing titled “Bidenomics: A Perfect Storm of Spending, Debt, and Inflation”

DATE: Tuesday, September 19, 2023

TIME: 2:00 PM ET

LOCATION: 2247 Rayburn House Office Building


  • Carrie Sheffield, Senior Policy Analyst, Independent Women’s Forum
  • Professor Casey Mulligan, University of Chicago
  • E.J. Antoni, Research Fellow, Grover M. Hermann Center for the Federal Budget, Heritage Foundation; Senior Fellow, Committee to Unleash Prosperity