Economy
McConnell Responds To Democrats Ramming Through Massive Spending Package
On Sunday, Senate Republican Leader Mitch McConnell (KY) released a statement in response to Senate Democrats ramming through a massive spending bill despite the United States facing record high inflation.
“The last time Senate Democrats tried to remake the economy on party lines, they shoved American families into the worst inflation in 40 years. Democrats got all-you-can-eat liberal spending and working families got stuck with the bill,” McConnell said, referencing the American Rescue Plan which was passed along party lines in March 2021. “In President Biden’s America, the average family is either paying thousands of dollars extra per year to tread water or watching their standard of living dissolve before their eyes.”
“Democrats’ policies have torn down the savings, the stability, and the lifestyles that families worked and sacrificed for years to build up. The effect of this one-party government has been an economic assault on the American middle class,” McConnell continued. “That’s why only 18 percent of Americans say the economy Democrats have created is ‘good.’ That’s why President Biden got the worst approval rating at the 18-month mark of any President in more than 75 years.”
“With straight faces, Democrats argued the damage from their first reckless taxing and spending spree was a good excuse to ram through another. Democrats’ response to the recession they caused is giant job-killing tax hikes and doubling the IRS” he added. “Democrats’ response to the energy crisis they’ve exacerbated is a war on American fossil fuel to fund Green New Deal giveaways for their rich friends. And their response to the runaway inflation they’ve created is a bill that experts say will not meaningfully cut inflation at all.”
“The American people are clear about their priorities. Environmental regulation is a 3% issue. Americans want solutions for inflation, crime, and the border. And Republicans spent all night and all day putting forward solutions to tackle those issues. But not one Senate Democrat would agree to take one dime out of their Green New Deal nonsense to cut inflation, fight crime, or secure the border,” McConnell concluded. “Democrats have proven over and over they simply do not care about middle-class families’ priorities. They have spent 18 months proving that. They just spent hundreds of billions of dollars to prove it again. But the working Americans they have failed will be writing Democrats’ report cards in three months’ time.”
On Sunday, the Senate voted along party lines to pass the $740 billion “Inflation Reduction Act.” All 50 Democrat Senators and Vice President Kamala Harris voted for the bill, while all 50 Republican Senators voted against it. The legislation is expected to increase inflation, despite its name, and will raise taxes on practically all Americans – including on those making less than $10,000 a year.
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