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Kentucky Representative John Yarmuth, Chairman of the House Budget Committee, released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 315,000 in August and the unemployment rate remained below 2021 projections even as more workers reentered the labor force.

While leading debate on the Inflation Reduction Act of 2022 on the House Floor today, Kentucky Congressman John Yarmuth, Chair of the House Budget Committee, rebuked Republicans for fearmongering and spreading misinformation about the provisions of the Inflation Reduction Act related to the Internal Revenue Service (IRS).

Today, Kentucky Representative John Yarmuth, Chair of the House Budget Committee, issued the following statement after the House passed the Inflation Reduction Act of 2022 (H.R. 5376).

Kentucky Congressman John Yarmuth, Chair of the House Budget Committee, delivered remarks on the House Floor at the outset of debate on the Inflation Reduction Act of 2022 (H.R. 5376).

Today, the House Budget Committee released a new report on how the Inflation Reduction Act will lower the cost of living for American families, increase American energy security and combat the climate crisis, and expand opportunities for Americans to succeed.

Kentucky Congressman John Yarmuth, Chair of the House Budget Committee, appeared before the House Rules Committee to testify on the Inflation Reduction Act of 2022, legislation that will lower the cost of health care, prescription drugs, and energy for American families and make the most significant effort to tackle the climate crisis in U.S. history.

Kentucky Representative John Yarmuth, Chairman of the House Budget Committee, released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 528,000 in July and the unemployment rate fell to 3.5 percent.

FCRA, enacted as part of the Budget Enforcement Act, established the current budgetary treatment for credit programs and resolved a long-standing issue facing Congress when comparing the costs of direct loan programs and guaranteed loan programs.