{"id":22211,"date":"2025-05-19T15:02:16","date_gmt":"2025-05-19T19:02:16","guid":{"rendered":"https:\/\/www.merkley.senate.gov\/?p=22211"},"modified":"2026-01-28T16:33:05","modified_gmt":"2026-01-28T21:33:05","slug":"merkley-statement-on-the-republican-economy","status":"publish","type":"post","link":"https:\/\/www.merkley.senate.gov\/es\/merkley-statement-on-the-republican-economy\/","title":{"rendered":"Merkley Statement on the Republican Economy"},"content":{"rendered":"<p>WASHINGTON, D.C. \u2013 U.S. Senator Jeff Merkley (D-OR), Ranking Member of the Senate Budget Committee, released the below statement after the latest <a href=\"https:\/\/www.cnbc.com\/2025\/05\/16\/consumer-sentiment-may-inflation-expectations-tariffs.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>troubling<\/strong><\/a> <a href=\"https:\/\/www.reuters.com\/markets\/us\/moodys-downgrades-us-aa1-rating-2025-05-16\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>economic<\/strong><\/a> <a href=\"https:\/\/www.axios.com\/2025\/05\/19\/trump-tariffs-who-pays\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>news<\/strong><\/a> on the Republican economy.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are in the grip of the Trump Slump. Americans\u2019 optimism on the economy has reached a near-record low, Moody\u2019s has downgraded the United States\u2019 credit rating, and families continue to pay more due to Trump\u2019s trade war.<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cOn top of that, in the dark of night last night, House Budget Committee Republicans voted to advance a reconciliation bill with one outcome: Families lose and billionaires win. Under this bill, millions lose health care and millions of children go hungry to fund tax breaks for billionaires. This is the Great Betrayal of American families.<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAnd to add insult to injury, the bill explodes the national debt by trillions of dollars as compared to current law. This greatly compromises the ability to serve the American people far into the future,\u201d said Ranking Member Jeff Merkley.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"has-text-align-center\">###<\/p>","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, D.C. \u2013 U.S. Senator Jeff Merkley (D-OR), Ranking Member of the Senate Budget Committee, released the below statement after the latest troubling economic news on the Republican economy. \u201cWe are in the grip of the Trump Slump. Americans\u2019 optimism on the economy has reached a near-record low, Moody\u2019s has downgraded the United States\u2019 credit [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":17054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[139,44],"class_list":["post-22211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","tag-budget","tag-jobs-and-the-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Merkley Statement on the Republican Economy - Merkley<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.merkley.senate.gov\/es\/merkley-statement-on-the-republican-economy\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Merkley Statement on the Republican Economy - Merkley\" \/>\n<meta property=\"og:description\" content=\"WASHINGTON, D.C. \u2013 U.S. Senator Jeff Merkley (D-OR), Ranking Member of the Senate Budget Committee, released the below statement after the latest troubling economic news on the Republican economy. \u201cWe are in the grip of the Trump Slump. 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