On the recordOctober 19, 2021
Hoosiers have heard me talk about the size of the Democrats' reckless tax-and-spend bill--$3.5 trillion, and possibly growing in the House of Representatives. They have heard me talk about how this reckless proposal will raise tax on the American people. When I am talking about this legislation back home, I don't have to go much past the $3.5-trillion figure. People are against it. All told, Democrats have proposed $7 trillion in spending this year alone--$7 trillion. Let me try to put that in perspective. Seven trillion dollars is roughly the mathematical equivalent of putting $1 million of credit card debt on every man, woman, and child in the State of Indiana. Now, Hoosiers know this is something we simply cannot afford. Beyond the massive multitrillion-dollar pricetag, we should examine exactly what the Democrats are proposing, because this bill isn't just a number on one side of a ledger sheet. This spending package--the largest in American history--represents a massive leftward shift in the way our country operates. And Hoosiers and, I think, all Americans need to know what is in it. Well, thankfully, I sit on the Senate Finance Committee, and in the Senate Finance Committee we are charged with overseeing matters related to taxation and entitlement programs. So if anyone has insight into the particulars of this legislation, it would be a member of the Senate Committee on Finance.…
Source
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