Democrats’ Reckless Tax and Spending Spree is a Giant, Tangled Mess
‘We have a Senator asking Congress to delay and modify the signature bill that he himself wrote less than a year ago. We have American families being treated as pawns in a fight between Democrats and other Democrats. This bill was already an incredibly bad deal for the country. And the giant mess gets worse and worse every day.’
WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Democrats’ failing legislation:
“The Senate is witnessing an unusual sight: Our colleague from West Virginia, Senator Manchin, is trying to roll back legislation that he himself wrote and passed less than a year ago.
“Reports say the Senator now wants Congress to delay the new electric vehicle tax credit that he himself hand-designed just last summer! Until he can resolve a fight with his fellow Democrats in the Administration over what their own law actually says or does.
“It would be comical… if this Democrat-on-Democrat chaos weren’t impacting our country.
“Republicans pointed out over and over that Democrats’ reckless taxing and spending spree was unfair and unworkable.
“We said from the start this was a hugely expensive, hopelessly tangled mess of subsidies, regulations, and red tape.
“They raised taxes on American jobs, American families, and American energy… in order to inefficiently send little chunks of the people’s money back to them… if they plan their lives according to unclear and changing Big Government standards.
“This is the classic tax-and-spend liberal logic: The IRS takes more of your money so bureaucrats can take over more of your life.
“Well, it’s proving just as tangled and messy for the country as we predicted.
“Our Democratic colleague from West Virginia is locked in some battle with the Democrats’ own Treasury Department over the sweeping new regulations that need to be written.
“He seems to be suggesting that some Americans who’ve already received the E.V. tax credit that he wrote should have to pay it back!
“And in the meantime, while Democrats keep fighting it out, the Senator apparently wants Congress to act again to halt or change the implementation of his own policy!
“Good luck to the American families trying to understand what on Earth does and doesn’t qualify for the Big Government subsidies.
“Good luck to the American businesses trying to figure out how to direct their investments.
“This is what happens when Democrats make it up as they go along and clumsily try to re-wire huge parts of our economy on the fly.
“Remember, the senior Senator for West Virginia has already acknowledged that other Biden policies completely cancel out the supposed deficit savings from his massive climate bill. He’s admitted that President Biden’s student loan socialism wipes out all of their claimed deficit savings from their Green New Deal bill — and then some!
“And now, on top of that, the red tape and expensive subsidies are so tangled that the very Senator who wrote the law now wants to delay or change it.
“This has been a terrible deal for the country from the beginning.
“Nonpartisan experts said the Democrats’ boondoggle would increase inflation in the short term and do nothing for inflation in the long term.
“Nonpartisan experts said it would shatter President Biden’s promise not to impact middle-class families with tax hikes.
“Nonpartisan experts said that none of it would have any measurable impact on the global temperature.
“And now, apparently, even the author of the bill wants Congress to rescue the country from his own handiwork.
“This is no way to run a country. People need to plan their lives. Businesses need to plan their futures and their investments.
“How can American workers and entrepreneurs do what they do best if Washington Democrats are micromanaging the economy and changing their mind every five minutes?
“So, to summarize:
“We have a Senator asking Congress to delay and modify the signature bill that he himself wrote less than a year ago.
“We have American families being treated as pawns in a fight between Democrats and other Democrats.
“This bill was already an incredibly bad deal for the country. And the giant mess gets worse and worse every day.”