Steve Scalise: “I thank my friend from Kentucky (Mr. Guthrie) for yielding. I rise in strong opposition to this bill that will…”

“I thank my friend from Kentucky (Mr. Guthrie) for yielding. I rise in strong opposition to this bill that will absolutely increase the deficit. It will absolutely increase inflation, and this bill will absolutely increase energy costs. In fact, they have a multibillion-dollar new tax on energy. I haven't heard one person in America saying they want to pay more money for gasoline, yet they are putting billions in new taxes on energy, so you will not only be paying more for gasoline, but you will be paying more for utility bills for your household, which are already skyrocketing because of President Biden and Speaker Pelosi's radical, far-left spending they have already done the last year and a half. But it doesn't end there. $250 billion in cuts to Medicare drugs--that is right. For seniors, this bill cuts $250 billion out of Medicare drug spending to help people in higher income brackets be eligible for more ObamaCare subsidies, so a massive wealth transfer away from seniors to higher- income people to get subsidies for ObamaCare. Then let's talk about these 87,000 IRS agents. You think of just about any NFL stadium in America filled completely with new IRS agents. That is right, more than doubling the size of the IRS to go after lower-income people. They love saying on the other side: Don't worry. It is not going to touch them. There is only one problem: It doesn't stand up to the facts.…”