Heard on the Hill

House Ways and Means Republicans: Economic Woes Forcing Delays in Retirement

Ways and Means Republican Leader Rep. Kevin Brady (R-TX), in a news release today, reflects on the Bureau of Economic Analysis report for November’s personal consumption expenditures (PCE), noting that inflation and an incipient recession are causing families to pursue several coping strategies. One of these is the delaying of retirement plans, compounded by an increasing fear of losing jobs. Read Brady’s full statement here…

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