- But it's not as simple or as nefarious — at least not on the part of oil and gas companies — as the Biden administration would like you to believe. And now, thanks to Rep. Jim Banks' (R-IN) team at the Republican Study Committee, there are a lot more examples — 81, to be exact — of Biden's actions that led to consistently rising gas prices since he took office.
- "President Biden has waged an unprecedented, government-wide assault on our nation’s ability to produce cheap, reliable energy," the memo from the Republican Study Committee (RSC) states, before listing Biden’s specific anti-fossil fuel actions next to the weekly average price of gas.
- Banks distributed the memo, obtained exclusively by the Daily Caller, to the Republican Study Committee “to break down the so-called ‘green’ parts of this bill and analyze how they’ll impact working families,” he wrote.
Student Debt Forgiveness
- “The pause so far has cost the taxpayers over $76 billion, more than any other federal higher education expense during that period,” the press release stated. “This policy primarily helps higher income Americans; most beneficiaries are in the top 40% of income earners. Democrats and the Biden Administration may claim that they are worried about inflation, but the continued extension of this policy has helped drive up costs for working class Americans.”
- Rep. Jim Banks (R-IN) and Rep. Bob Good (R-VA) introduced new legislation — the Federal Student Loan Integrity Act — to limit the U.S. Secretary of Education’s ability to keep pausing student loan payments. The student loan payment pause is scheduled to end on May 1, 2022.
- Indiana Rep. Jim Banks and Virginia Rep. Bob Good introduced legislation, coined the "Federal Student Loan Integrity Act," that would "prevent further abuse" of the Education Secretary's authority to keep extending the pause on student-loan payments in connection with the pandemic, according to the bill.
- House Republicans will be urged to lean into voters' fear of inflation and link it to enacting the White House's economic agenda, Axios has learned.
- The Republican Study Committee (RSC), the largest GOP caucus on Capitol Hill, will send a new memo to lawmakers on Thursday detailing how they can sharpen their messaging on the supply chain crisis ahead of the holiday season, when consumers could face the sting of higher prices and empty store shelves. The conservative group is led by Rep. Jim Banks (R-Ind.).