On the recordAugust 4, 2021
while I am disappointed that my colleague won't accept this measure, we do need to start doing something about inflation, and we can do that today with the infrastructure spending bill. We can all get behind real infrastructure--like roads, bridges, airports, and seaports--but we have to acknowledge that $1.2 trillion is a massive amount of taxpayer dollars, and we have to know exactly how this will impact families. I have been told by supporters of this infrastructure bill that it will not cause inflation. I will not support anything that increases inflation on American families. I have an amendment to the infrastructure package that will require the Congressional Budget Office to certify that the spending in this bill will not increase inflation on the American people. If CBO does not certify that the spending authorized and appropriated in the bill would not increase inflation, my amendment would prohibit the funding from being obligated or spent, and the funds would instead be transferred to the Treasury Department for deficit reduction. I hope that everybody will get behind this amendment. The PRESIDING OFFICER. Is there time in opposition?
