Economy
Preservation of the American Dream relies on an economy that allows anyone to succeed through hard work, determination, and perseverance. Unfortunately, due to reckless spending and overregulation by the last administration, inflation has caused the cost of living to skyrocket, eroded paychecks, and made it challenging for young people to start a family. In Congress, I am laser-focused on building an economy that uplifts all Americans, not one that merely provides ill-fated handouts that continue the cycle of poverty.
As a member of the House Ways and Means Committee, I am proud to have helped write and pass the Working Families Tax Cut. Without this action, the average taxpayer in our district would have been hit with a 27% tax hike. These pro-family and pro-growth policies will help grow the economy, boost wages, and allow you to keep more of your hard-earned money in your pocket.
More on Economy
Washington, D.C. — Congressman Greg Murphy, M.D. issued the following statement after voting in favor of H.R. 7024, the Tax Relief for American Families and Workers Act: |
Washington, D.C. – Today, Rep. Greg Murphy, M.D. released the following statement on the debt limit deal reached by Speaker McCarthy and President Biden.
Washington, D.C. – Rep. Greg Murphy, M.D. (NC-03) released a statement following tonight’s passage of the Limit, Save, and Grow Act.
Washington, D.C. – This week, Rep. Greg Murphy, M.D. (NC-03) continued his fight to combat China’s meddling in American trade by signing on to the Fighting Trade Cheats Act and participating in two House Ways & Means hearings regarding China.
Washington, D.C. – Today, Rep. Greg Murphy, M.D. (NC-03) released the following statement in response to the U.S. Department of Labor’s (DOL) misguided final rule, which would allow retirement plan managers to prioritize so-called environmental, social, governance (ESG) plan investments over their long-standing duty to protect the financial interests of workers and retirees:
Washington, D.C.– Rep. Greg Murphy, M.D. (R-NC) released the following statement in response to today's Consumer Price Index (CPI) report from the Bureau of Labor Statistics which showed that year-over-year inflation rose 8.3% in August 2022, surpassing expectations.
Washington, D.C. – Today, Congressman Greg Murphy, M.D. (NC-03) participated in a Ways and Means Committee hearing with Secretary of the Treasury Janet Yellen regarding the Biden Administration's FY2023 budget. In his remarks, Murphy pressed Secretary Yellen about the inflationary consequences of imposing new taxes on struggling families and canceling billions in student loan debt.
WASHINGTON, D.C. — Rep. Greg Murphy, M.D. (NC-03) issued this statement after voting NO on the Senate infrastructure bill and the rule paving the way for President Biden's Build Back Bankrupt agenda:
WASHINGTON, D.C. — Today, Rep. Greg Murphy, M.D. (NC-03) co-sponsored H.R. 5586 – the Prohibiting IRS Financial Surveillance Act to block the implementation of a new unconstitutional surveillance scheme from Washington Democrats that would allow the Internal Revenue Service (IRS) to monitor private bank account transactions that exceed $600.
Washington, D.C. – Today, Rep. Greg Murphy, M.D. (NC-03) introduced H.R. 5340, the Intergenerational Financial Obligations Reform (INFORM) Act to create new forms of public accountability for big government spending and facilitate a more responsible financial future for the next generation of Americans.