House Budget Committee Chairman Patrick McHenry stated that fiscal restraint is unlikely from the new Congress, noting that "no populist party is for fiscal restraint." McHenry emphasized that both increased spending and tax cuts remain politically popular measures.
The Republican lawmaker predicted the legislative body would pursue "net new spending," signaling a departure from fiscally conservative policy priorities despite ongoing concerns about national debt levels.
Rep. McHenry Predicts Net New Spending Under Populist-Driven Congress
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