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Thursday, November 7, 2024

Iowa U.S. Rep Randy Feenstra: "This is alarming. When the Fed quickly raises rates, the interest payments on our $30T debt also increase,..."

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Randy Feenstra tweeted the following:

"This is alarming. When the Fed quickly raises rates, the interest payments on our $30T debt also increase, posing the real threat of a debt spiral. Its a shame the Fed waited a year too long to combat inflation and now #IA04 families are paying the price.
fxn.ws/3zFRL4w"
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Here are other recent tweets from Randy Feenstra:

"I had an excellent conversation with @nfib_ia on how we can work together to support our small businesses and main streets. Our thriving business community is the backbone of our economy in #IA04, and Ill continue to be a strong voice for our job creators, families, and workers."
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"Great News! My team helped the Taylor family from Orange City get their dog, Indi, back home. The Taylors were living in Indonesia & had an issue processing the CDC paperwork to bring Indi home safely. Glad to report that Ian, Elli, their son Jacob & Indi are all back in #IA04!"
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"Great to sit down with organizations representing our thriving #biofuels industry in Iowa. With gas prices approaching $5, Iowa ethanol and biodiesel will lower gas prices and make America energy independent again. #IA04" on June 14
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