House Democrats Walk the Plank for Reckless Taxing & Spending Spree that Would Hurt Families and Help China

WASHINGTON, D.C.U.S. Senate Republican Leader Mitch McConnell (R-KY) issued the following statement regarding Democrats’ reckless tax and spending spree:

“Ninety percent of Americans are worried about inflation, but House Democrats just voted to let Washington D.C. print, borrow, and spend trillions more.

“Our economy is shaky, but House Democrats just voted for historic tax hikes that would drain hundreds of billions of dollars out of U.S. industries and kill American jobs.

“House Democrats pay lip service to economic fairness, but they just voted for a plan that combines tax hikes for the middle class with massive tax cuts for blue-state millionaires. In 2023, their plan would give net tax cuts to fewer than 4% of families who make between $50,000 and $100,000, but to more than 67% of households making between $500,000 and $1 million.

“‘Moderate’ Democrats pretended to care about deficits and budget gimmicks. But even though nonpartisan referees had to swallow most of the Democrats’ dishonest accounting tricks, they still proved this bill is not paid for. It would increase the national debt by about $800 billion just over the first five years, just as families are fighting inflation. But the ‘moderates’ fell in line anyway.

“Americans never asked for the culture-warrior HHS Secretary who got famous by suing religious groups to be given sweeping new power over childcare.

“Americans never asked for prescription drug socialism that will leave us with fewer new drugs and treatments, literally costing lives.

“Americans never asked for radical anti-energy policies that would make gas and heating even more expensive and increase our dependence on Russia and China.

“In poll after poll and in this month’s elections, the American people told House Democrats to back away from the cliff. But the House listened to President Biden and Speaker Pelosi instead of the people.

“Now only a few Senate Democrats can protect American families from these radical and painful policies. It is up to them to kill this bill.”