Democrats have been consistently wrong about inflation.
On the public record
All Quotes
Every politician on the site, every statement on file. Search, filter, and read the public record.
12,000+·quotes on file
As you can appreciate, and I have heard this from numerous entities, consistency in how the Federal Government responds to cyber incidents is of utmost important.
In the State of Iowa, we have had several municipalities who in fact were hacked and paid ransomware in order to get back their data.
Even without inclusion of any spending or tax increases from Build Back Better, government spending and revenue are projected to be at a near-record high under the President's budget.
The President's reckless tax and spending spree, which Democrats spent all of last year working to pass, is just a footnote in this budget.
So yes, if such a plan, a revised plan, comes out it is yes, that it would have to be budget neutral?
In fact, most of this so-called deficit reduction results from the President and majority in Congress going on a $2 trillion liberal wish list spending spree, stoking the flames of inflation.
Taking credit for deficit reduction resulting from discontinuation of irresponsible spending is comparable to an arsonist taking credit for containing a fire by refraining from dousing it with more gasoline.
The President has touted his budget as fiscally responsible. It is not responsible.
Lip service won't make up for nearly four years of retroactive damage that has decimated our trade economy and forced ethanol plants to shutter.
Inflation today is at 7.9 percent, the highest it has been in four decades.
The President's budget request proposes $73 trillion in spending over the next 10 years with a projected $14 trillion impact on the deficit.
The Tax Cuts and Jobs Act will expire as a part of this budget, raising taxes on working families in Iowa.
But in essence it is $4 trillion then because you are putting in this line item.
I mean here is American made Iowa, Midwest biofuels, and crickets, nothing, zero in the budget.
And frankly that is because of the Trump tax cuts that happened. I think that is a fair statement.
I think there needs to be some real thought about this, and we need to maybe suggest that on at least this occasion there may be a need for additional resources in that farm bill.
I think we need a national standard, so that there is a better understanding of precisely what is acceptable.