01.04.22

American Families Need Democrats’ Reckless Taxing and Spending Spree to Stay Shelved

WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Democrats’ reckless tax and spending spree:

“Fortunately for the country, before Christmas, one of those far-left distractions was dealt a setback.

“The Democrats’ wasteful spending last spring helped ignite the worst inflation in 40 years. But our colleagues spent the rest of 2021 trying to assemble another, even bigger, even more reckless taxing and spending spree.

“Their reaction to the rising prices and family hardships their policies caused was to try to inflate their way out of inflation.

“The experts say that when you strip away the budget gimmicks, their proposal would cost almost $5 trillion.

“And all that reckless borrowing and money-printing was for far-left policies that would hurt American families and help China.

“The supposedly ‘green’ subsidies would just dump money into China-dominated supply chains. America takes on massive debt to Build Back Beijing.

“The childcare plan was actually an unworkable and discriminatory Toddler Takeover that would drive up daycare costs and let woke bureaucrats drive out faith-based providers.

“They even wanted to distort American parents’ Child Tax Credit and turn it into an old-school cash welfare program with no work requirements.

“All this, paired with historic, crushing tax hikes… and trillions more dollars to make inflation even worse.

“It was a merrier Christmas for American families because this awful bill was put aside. Working Americans need it to stay on the shelf.”

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Related Issues: China, Budget, Taxes, Tax Reform, Democrats' Reckless Taxing And Spending Spree, Inflation