Mike Faulkender joined Real America’s Voice to discuss the economy.

Mike Faulkender recently joined Real America's Voice to discuss pressing economic issues. In his appearance, Faulkender highlighted the significant challenges facing the U.S. economy, focusing on the Biden administration's fiscal policies and their impact on ordinary Americans. Faulkender emphasized the need for equitable taxation and criticized the current administration's approach to taxing investors and businesses. He argued that raising corporate income tax rates, taxing high-wealth individuals, and implementing taxes on unrealized capital gains could harm economic growth and investment.

Faulkender pointed out the concerning federal budget deficit, projected to reach $1.9 trillion this year, one of the highest in U.S. history outside of national emergencies like the pandemic and the financial crisis. He stressed that the current economic situation does not warrant such a large deficit and criticized the administration for its excessive spending and regulatory policies.

In his testimony before the Congressional Budget Committee, Faulkender plans to address these issues, advocating for policies that reduce government spending, control inflation, and cut unnecessary regulations. He calls for a shift away from punitive tax measures towards fostering an environment that encourages investment and economic stability. Faulkender’s insights underscore the need for a balanced approach to economic policy that promotes growth while ensuring fiscal responsibility.