Political Quotes

On the recordJuly 11, 2023
To my friends who have the next time slot, I promise I will talk faster. Mr. Speaker, I have a series of boards, and I may save these for another week, but it just sort of talks about some of the spending that happened last year. Do you remember when we were getting the Inflation Reduction Act, which, come on, let's be honest, was a completely Orwellian name for something that actually boosted inflation. Remember, we were first told it is going to be a couple hundred billion, maybe $280 billion of handouts to Big Green Energy for energy companies that do things we want. Then we saw Goldman Sachs say, no, it could be as high as $1.2 trillion. This one actually has the latest data at about $659 billion. {time} 2000 Mr. Speaker, do you want to understand why inflation is continuing and why there are factories being built that are going to be empty? It is the ultimate Keynesian economics without actually demand on the other side. So build the factory but then don't build the mechanisms to actually have supply. This is what happens with the arrogance of us who sit in this body thinking we can manage the economy. Let's have a little fun here. I am going to be a little caustic on some of these. I know I am going to be slightly mean, but I am just trying to get it through. Let's actually walk through a couple of these proposals. Let's repeal all the 2017 tax reform cuts, including what we did for low-income folks, the doubling of the deductions and those things.…
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David Schweikert
Republican · Arizona

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