Congressman Auchincloss highlights a CBO analysis showing Trump administration R&D cuts could negatively impact the U.S. economy.
Quiver AI Summary
Congressman Jake Auchincloss has highlighted a new analysis from the Congressional Budget Office (CBO) indicating that cuts to federal research and development (R&D) programs, as proposed by the Trump Administration, could harm the U.S. economy. The CBO's findings suggest that increased federal investment in R&D could enhance economic output and reduce the federal deficit.
Auchincloss emphasized that "Funding science is a good investment," asserting that such investments yield significant benefits for Americans, including improved living standards and national defense. Ranking Member Brendan Boyle echoed this sentiment, stating that R&D investments are crucial for job creation and national competitiveness, and criticized the proposed cuts as detrimental to future progress.
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Jake Auchincloss Net Worth
Quiver Quantitative estimates that Jake Auchincloss is worth $3.8M, as of July 31st, 2025. This is the 167th highest net worth in Congress, per our live estimates.
Auchincloss has approximately $1.9M invested in publicly traded assets which Quiver is able to track live.
You can track Jake Auchincloss's net worth on Quiver Quantitative's politician page for Auchincloss.
Jake Auchincloss Bill Proposals
Here are some bills which have recently been proposed by Jake Auchincloss:
You can track bills proposed by Jake Auchincloss on Quiver Quantitative's politician page for Auchincloss.
Jake Auchincloss Fundraising
Jake Auchincloss recently disclosed $563.7K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 128th most from all Q2 reports we have seen this year. 81.2% came from individual donors.
Auchincloss disclosed $151.9K of spending. This was the 368th most from all Q2 reports we have seen from politicians so far this year.
Auchincloss disclosed $5.9M of cash on hand at the end of the filing period. This was the 42nd most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Jake Auchincloss's fundraising on Quiver Quantitative.
