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<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><img width="625" height="147" style="width:6.5069in;height:1.5277in" id="Picture_x0020_1" src="cid:image001.png@01D89DE6.A67F9E50"></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">FOR IMMEDIATE RELEASE<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">July 28, 2022<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing" align="center" style="text-align:center"><b><u><span style="font-size:22.0pt;font-family:"Segoe UI",sans-serif">National GDP falls again, Idaho offers example of real solutions<o:p></o:p></span></u></b></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">Boise, Idaho - Governor Brad Little commented today after the Bureau of Economic Analysis (BEA) released
<a href="https://www.bea.gov/news/2022/gross-domestic-product-second-quarter-2022-advance-estimate">
data Thursday</a> revealing the country's Gross Domestic Product decreased again in the second quarter of 2022 at the annual rate of 0.9-percent.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><i><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></i></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><i><span style="font-family:"Segoe UI",sans-serif">"Every Idahoan is feeling the pressure of record-high inflation under President Biden's watch. The 'solutions' offered by the Biden Administration aren't solutions
at all - just more taxing and spending while the country drives toward a $30 trillion cliff.<o:p></o:p></span></i></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><i><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></i></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><i><span style="font-family:"Segoe UI",sans-serif">"By contrast, in conservative states like Idaho, people are working and our economy is soaring. Our budget is not only balanced but we have a budget surplus,
and Idahoans can expect even more tax relief as we continue to make unprecedented investments in schools, roads, water and other areas.
<o:p></o:p></span></i></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><i><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></i></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><i><span style="font-family:"Segoe UI",sans-serif">"Washington, D.C., should follow Idaho's example and apply tried and true conservative principles to get the national economy and consumer confidence turned
around – rein in government spending, cut red tape, give taxpayer money back to the people, and make investments where they count," Governor Little said.</span></i><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing" align="center" style="text-align:center"><span style="font-family:"Segoe UI",sans-serif"># # #<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif">Please DO NOT REPLY to this message. For press inquiries only, contact the Governor’s press office at (208) 854-3015 or e-mail
</span></i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif"><a href="mailto:Madison.Hardy@gov.idaho.gov"><i><span style="text-decoration:none">Madison.Hardy@gov.idaho.gov</span></i></a><i>.
<o:p></o:p></i></span></p>
<p class="MsoNoSpacing"><i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif">To unsubscribe from these announcements, send an e-mail to
</span></i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif"><a href="mailto:news@gov.idaho.gov"><i><span style="text-decoration:none">news@gov.idaho.gov</span></i></a><i>.</i><o:p></o:p></span></p>
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