Boyle Statement on First Quarter 2025 GDP Report

WASHINGTON, DC –Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement after the Bureau of Economic Analysis released its initial estimate of first quarter Gross Domestic Product (GDP) for 2025. The report indicates that GDP decreased at a 0.3 percent annual rate in Q1:

“Donald Trump has done something truly remarkable — in just 100 days, he’s taken a strong economy and driven it toward a recession. This GDP report ends the myth that he can be trusted on the economy. Families are struggling and now our economy is actually shrinking. His reckless tariffs have incited a trade war, and middle-class Americans are paying the price.

Now, Trump and Republicans want to make it worse — slashing health care and food assistance to partially pay for more billionaire tax breaks. Trump talks about helping working people, but he’s only delivered for the ultra-wealthy. While the economy tanks, Republicans are pushing the same failed agenda. House Democrats will keep fighting to protect working families and stop this economic sabotage.”

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