Extreme Republicans Continue to Push MAGAnomics Agenda

MAGA Republicans’ economic trickle-down plan has failed Americans: it created new incentives to ship jobs overseas, hurt main-street businesses, and blew up the deficit.
Just this week, MAGA Mike Johnson is kicking off his speakership by doubling down on a failed MAGAnomics agenda that would add to our deficit, give a hall pass to corporate tax cheats, and undermine the safety of our allies around the world.
This is the latest example of Republicans doubling down on their extreme MAGAnomics agenda that would harm the American economy. They want to:
- Cut taxes even further for the wealthy and big corporations,
- Cut Social Security, Medicare, and Medicaid,
- Raise costs for families by gutting investments in the middle class.
Meanwhile, Bidenomics is about growing the economy from the bottom up and middle out – and it’s working:
- Nearly 14 million jobs created,
- Historic annual rate of 4.9% GDP growth,
- Record high wealth for American families last year,
- Inflation has fallen 60% since last summer,
- Businesses have announced more than $600 billion in investments in manufacturing and clean energy.