Political Quotes

“Mr. President, I come to the floor to tell my colleagues about a bill I am introducing today to encourage savings. To set the stage for the necessity of that bill, I am going to speak for a minute about the obstacles that this administration's economic policies--particularly inflation--have put in that give need for such legislation. On Friday, we learned that inflation surged to 8.6 percent, a new 40- year high for inflation. Inflation is the No. 1 concern that I hear from Iowans as I do my 99-county tour throughout the State over the course of a year. I hear how rising prices, particularly for food and energy, are cutting into budgets, making it difficult to make ends meet. Moreover, I hear from Iowans who are concerned that inflation is eating into their savings. That gets to the purpose of the legislation I am going to soon talk about. This is particularly true for seniors who are living on fixed budgets and are dependent on their savings and investment income to keep their heads above water. Yet President Biden and congressional Democrats continue to ignore the damage done by their reckless tax-and-spending agenda. Sadly, their solution for inflation is just more of the same old Democratic tax-and- spend agenda. We still hear rumors that there may be some version of Build Back Better. Just think. If that original version of Build Back Better had passed, we would have had another $4.5 trillion in additional spending feeding the fires of inflation.…”