1. United States
  2. N.C.
  3. Letter

Take back the "Power of the Purse"!

To: Sen. Tillis, Sen. Budd, Rep. Foushee

From: A constituent in Apex, NC

April 5

I’m writing as a concerned constituent to express my growing unease about the ongoing use of tariffs and their harmful impact—both on my personal investment portfolio and on the global economy. While I recognize the strategic intent behind these measures, the real-world consequences are proving to be economically disruptive and counterproductive. Tariffs are effectively a tax on American businesses and consumers. As an investor, I’ve seen firsthand how these policies have eroded market stability, driven up costs, and weighed down key sectors. The ripple effects extend far beyond Wall Street—hurting manufacturers, farmers, and everyday Americans. They create inflationary pressure, stifle innovation, and foster uncertainty in an already fragile global economic landscape. In light of this, I believe it's time for Congress to reassert its constitutional authority over fiscal matters. The power to levy taxes—including tariffs—belongs squarely with the legislative branch, not the executive. Delegating this responsibility has led to unchecked and often arbitrary policy shifts with sweeping economic ramifications. I urge you and your colleagues to take meaningful steps to reclaim the power of the purse and restore proper balance between the branches of government. Trade policy should be rooted in thoughtful debate, economic evidence, and long-term strategy—not reactive measures. I encourage you to support legislation that strengthens congressional oversight on trade, fosters cooperative economic alliances, and promotes sustainable growth. Thank you for your time, your service, and your attention to this important issue.

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